General Electric (GE), Disney (DIS) Pull Dow Down

With heavy exposure to the earthquake in Japan, General Electric (NYSE:GE) and Disney (NYSE:DIS) weighed heavy on the Dow, as it dropped to its lowest level in six weeks.

The Dow Jones Industrial Average closed down 51.24 points, or 0.43%, to 11993.16, cutting trading losses earlier in Monday's session in half. Earlier in the day, the Dow plunged to its lowest intraday level in six weeks.

Performing the worst in the Dow Was General Electric, which dropped 2.2 percent, with Disney falling 1.6 percent.

General Electric's weakness is on their exposure to nuclear facilities in Japan. CEO Jeffrey Immelt said the company is ready to provide technical assistance to the Japanese government its nuclear energy joint-venture partner Hitachi Ltd.

Disney took a hit because of the closure of Tokyo Disneyland and Disney Sea theme parks. They are expected to be shuttered for at least 10 days after the earthquake.

General Electric closed Monday at $19.92, falling $0.44, or 2.16 percent. Walt Disney Co. closed at $42.24, down $0.69, or 1.61 percent.