Walgreens Boots, Intel share losses contribute to Dow’s 279-point drop

Dragged down by negative returns for shares of Walgreens Boots and Intel, the Dow Jones Industrial Average is trading down Thursday afternoon. Shares of Walgreens Boots
WBA,
-3.65%
and Intel
INTC,
-2.83%
are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.84%
was most recently trading 279 points, or 0.8%, lower. Walgreens Boots’s shares are off $0.94, or 3.3%, while those of Intel have declined $0.90 (2.7%), combining for a roughly 12-point drag on the Dow. Boeing
BA,
-2.35%,
Walmart
WMT,
-2.24%,
and UnitedHealth
UNH,
-1.91%
are also contributing significantly to the decline. A $1 move in any of the index’s 30 components equates to a 6.59-point swing.