Shares of 3M and Walgreens Boots are retreating Tuesday morning, dragging the Dow Jones Industrial Average into negative territory. Shares of 3M
MMM,
-5.77%
and Walgreens Boots
WBA,
-2.37%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.45%
was most recently trading 200 points, or 0.6%, lower. 3M’s shares have declined $5.97 (4.9%) while those of Walgreens Boots are off $0.84, or 2.3%, combining for an approximately 45-point drag on the Dow. Other components contributing significantly to the decline include Merck
MRK,
-1.52%,
Dow
DOW,
-1.14%,
and Intel
INTC,
-1.37%.
A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.