Dragged down by losses for shares of Walmart and Intel, the Dow Jones Industrial Average is trading down Wednesday afternoon. The Dow
DJIA,
-0.26%
was most recently trading 152 points, or 0.5%, lower, as shares of Walmart
WMT,
-2.11%
and Intel
INTC,
-2.26%
are contributing to the index’s intraday decline. Walmart’s shares have fallen $4.29, or 2.9%, while those of Intel have fallen $0.71, or 2.7%, combining for a roughly 33-point drag on the Dow. Other components contributing significantly to the decline include Caterpillar
CAT,
-1.19%,
JPMorgan Chase
JPM,
-0.77%,
and Cisco
CSCO,
-0.76%.
A $1 move in any one of the 30 components of the index results in a 6.59-point swing.