Shares of insurance giant Travelers Cos. Inc. on Monday weighed on the Dow Jones Industrial Average at the open of trade in the fallout of now-Tropical storm Harvey, which has submerged much of the Houston area in what is expected to be 50 inches of rain. The insurer was off 2.6%, or about $3.18, translating to a roughly 20-point retreat in the price-weighted Dow industrials , with traders trying to assess liabilities for insurers in the wake of Hurricane Harvey. A $1 move in any of the the Dow equates to a 6.84-point swing in the Dow. Still, the Dow climbed at the open, up 0.1% at 21,828, while the S&P 500 index added 0.2%, and the Nasdaq Composite Index traded 0.2% higher.
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