Shares of Johnson & Johnson and Chevron are posting losses Wednesday afternoon, dragging the Dow Jones Industrial Average into negative territory. Shares of Johnson & Johnson
JNJ,
-1.60%
and Chevron
CVX,
-1.08%
have contributed to the index’s intraday decline, as the Dow
DJIA,
+0.11%
was most recently trading 41 points (0.1%) lower. Johnson & Johnson’s shares have dropped $2.05 (1.3%) while those of Chevron have fallen $1.90, or 1.1%, combining for a roughly 26-point drag on the Dow. Other components contributing significantly to the decline include Microsoft
MSFT,
-0.80%,
Visa
V,
-0.22%,
and American Express
AXP,
-0.19%.
A $1 move in any of the index’s 30 components equates to a 6.59-point swing.