Dow down 267 points on losses in shares of Dow Inc., Walgreens Boots

This article was originally published on this site

Shares of Dow Inc. and Walgreens Boots are trading lower Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Dow Inc. DOW, -6.00% and Walgreens Boots WBA, -2.72% are contributing to the blue-chip gauge’s intraday decline, as the Dow DJIA, -0.94% was most recently trading 267 points (0.8%) lower. Dow Inc.’s shares are off $3.84 (5.9%) while those of Walgreens Boots are off $1.27, or 2.4%, combining for a roughly 34-point drag on the Dow. Other components contributing significantly to the decline include JPMorgan Chase JPM, -2.11%, Intel INTC, -1.77%, and Amgen Inc. AMGN, -1.44%. A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.