Dragged down by declines for shares of JPMorgan Chase and Walgreens Boots, the Dow Jones Industrial Average is in selloff mode Thursday afternoon. The Dow DJIA, +0.84% was most recently trading 532 points, or 1.6%, lower, as shares of JPMorgan Chase JPM, +1.40% and Walgreens Boots WBA, +0.42% are contributing to the index’s intraday decline. JPMorgan Chase’s shares have declined $8.02, or 5.8%, while those of Walgreens Boots are off $1.13, or 3.3%, combining for an approximately 60-point drag on the Dow. Other components contributing significantly to the decline include Boeing BA, -0.32%, Walt Disney DIS, +0.37%, and Caterpillar CAT, +0.74%. A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.
Source: marketwatch.com
