Chevron, Walgreens Boots share losses contribute to Dow’s 88-point drop

The Dow Jones Industrial Average is trading down Wednesday morning with shares of Chevron and Walgreens Boots facing the biggest declines for the blue-chip average. Shares of Chevron
CVX,
-3.06%
and Walgreens Boots
WBA,
-2.93%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.30%
was most recently trading 88 points (0.3%) lower. Chevron’s shares have declined $4.77, or 2.9%, while those of Walgreens Boots have dropped $0.62 (2.8%), combining for a roughly 36-point drag on the Dow. Caterpillar
CAT,
-1.93%,
Verizon
VZ,
-1.42%,
and 3M
MMM,
-1.27%
are also contributing significantly to the decline. A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.