Behind losses for shares of Verizon Communications Inc. and Dow Inc., the Dow Jones Industrial Average is trading down Thursday afternoon. Shares of Verizon Communications Inc.
VZ,
and Dow Inc.
DOW,
are contributing to the index’s intraday decline, as the Dow
DJIA,
was most recently trading 38 points, or 0.1%, lower. Verizon Communications Inc.’s shares are off $1.73 (3.5%) while those of Dow Inc. are down $1.69 (3.2%), combining for a roughly 23-point drag on the Dow. Also contributing significantly to the decline are Chevron
CVX,
IBM
IBM,
and Walgreens Boots
WBA,
A $1 move in any of the index’s 30 components results in a 6.59-point swing.
Read More: Verizon Communications Inc., Dow Inc. share losses lead Dow’s 38-point drop