Travelers, Walmart share losses lead Dow’s 90-point drop

The Dow Jones Industrial Average is declining Friday afternoon with shares of Travelers and Walmart seeing the biggest losses for the index. The Dow
DJIA,
-0.57%
was most recently trading 90 points, or 0.3%, lower, as shares of Travelers
TRV,
-2.19%
and Walmart
WMT,
-1.84%
have contributed to the index’s intraday decline. Travelers’s shares are off $2.81, or 1.7%, while those of Walmart are down $2.29, or 1.4%, combining for an approximately 34-point drag on the Dow. Also contributing significantly to the decline are Merck
MRK,
-1.32%,
Chevron
CVX,
-1.08%,
and McDonald’s
MCD,
-1.27%.
A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.