Dow drops 83 points on losses in Chevron, Walgreens Boots shares

Shares of Chevron and Walgreens Boots are trading lower Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Chevron
CVX,
-2.33%
and Walgreens Boots
WBA,
-1.15%
have contributed to the index’s intraday decline, as the Dow
DJIA,
+0.39%
was most recently trading 83 points lower (-0.3%). Chevron’s shares are down $5.11, or 3.1%, while those of Walgreens Boots have dropped $0.57 (2.5%), combining for a roughly 37-point drag on the Dow. Other components contributing significantly to the decline include Caterpillar
CAT,
-1.46%,
Boeing
BA,
-1.16%,
and Verizon
VZ,
-1.38%.
A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.