Walgreens Boots, Travelers share losses contribute to Dow's 159-point drop

The Dow Jones Industrial Average is down Friday morning with shares of Walgreens Boots and Travelers delivering the stiffest headwinds for the blue-chip average. Shares of Walgreens Boots
WBA,
-1.60%

and Travelers
TRV,
-1.42%

are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.43%

was most recently trading 159 points (0.5%) lower. Walgreens Boots’s shares are down $0.90, or 1.9%, while those of Travelers are off $2.64 (1.5%), combining for an approximately 23-point drag on the Dow. Also contributing significantly to the decline are Goldman Sachs
GS,
-0.30%
,
Caterpillar
CAT,
-1.24%
,
and Intel
INTC,
-0.27%
.
A $1 move in any of the index’s 30 components equates to a 6.59-point swing.

Leave a Comment