Shares of Goldman Sachs and Johnson & Johnson are posting losses Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow
DJIA,
was most recently trading 49 points, or 0.1%, lower, as shares of Goldman Sachs
GS,
and Johnson & Johnson
JNJ,
are contributing to the index’s intraday decline. Goldman Sachs’s shares have dropped $13.93, or 3.5%, while those of Johnson & Johnson are down $1.85, or 1.1%, combining for an approximately 104-point drag on the Dow. Other components contributing significantly to the decline include Walgreens Boots
WBA,
Intel
INTC,
and Merck
MRK,
A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.
Read More: Dow’s nearly 50-point drop led by losses in shares of Goldman Sachs, Johnson & Johnson