Dragged down by declines for shares of Chevron and Walgreens Boots, the Dow Jones Industrial Average is seeing a selloff Wednesday afternoon. Shares of Chevron CVX, +0.77% and Walgreens Boots WBA, -0.44% have contributed to the index’s intraday decline, as the Dow DJIA, +0.47% was most recently trading 454 points, or 1.7%, lower. Chevron’s shares are down $3.71 (3.2%) while those of Walgreens Boots are off $1.71, or 3.1%, combining for an approximately 37-point drag on the Dow. Also contributing significantly to the decline are American Express AXP, +0.11%, Cisco CSCO, +1.84%, and Coca-Cola KO, +1.43%. A $1 move in any of the benchmark’s 30 components results in a 6.78-point swing.
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