Dow's 112-point fall led by losses for Dow Inc., IBM shares

Dragged down by losses for shares of Dow Inc. and IBM, the Dow Jones Industrial Average is declining Thursday morning. The Dow
DJIA,
-0.15%

was most recently trading 112 points, or 0.4%, lower, as shares of Dow Inc.
DOW,
-0.39%

and IBM
IBM,
+0.12%

have contributed to the index’s intraday decline. Dow Inc.’s shares have declined $1.72, or 3.3%, while those of IBM have dropped $3.77 (2.9%), combining for an approximately 36-point drag on the Dow. Verizon Communications Inc.
VZ,
-7.25%
,
Travelers
TRV,
+0.55%
,
and Walgreens Boots
WBA,
+0.31%

are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.

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