Johnson & Johnson, Verizon share losses contribute to Dow’s 186-point fall

Shares of Johnson & Johnson and Verizon are seeing declines Wednesday afternoon, dragging the Dow Jones Industrial Average into negative territory. Shares of Johnson & Johnson
JNJ,
-1.20%
and Verizon
VZ,
-1.79%
are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.20%
was most recently trading 186 points (0.6%) lower. Johnson & Johnson’s shares have fallen $2.70 (1.7%) while those of Verizon are off $0.52, or 1.6%, combining for an approximately 21-point drag on the Dow. Walgreens Boots
WBA,
-0.52%,
McDonald’s
MCD,
-1.52%,
and Merck
MRK,
-1.38%
are also contributing significantly to the decline. A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.