The Dow Jones Industrial Average is down Wednesday morning with shares of Amgen and Travelers delivering the stiffest headwinds for the blue-chip average. Shares of Amgen
AMGN,
-3.78%
and Travelers
TRV,
-3.50%
are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.97%
was most recently trading 185 points, or 0.5%, lower. Amgen’s shares are off $7.94, or 3.2%, while those of Travelers have fallen $5.37, or 2.8%, combining for an approximately 88-point drag on the Dow. Cisco
CSCO,
-1.73%,
Caterpillar
CAT,
-1.61%,
and Apple
AAPL,
-1.18%
are also contributing significantly to the decline. A $1 move in any of the Dow’s 30 components results in a 6.59-point swing.
