Dow’s 116-point fall led by losses for shares of Intel, 3M

The Dow Jones Industrial Average is falling Wednesday morning with shares of Intel and 3M seeing the biggest declines for the price-weighted average. The Dow
DJIA,
-0.81%
was most recently trading 116 points lower (-0.3%), as shares of Intel
INTC,
-3.81%
and 3M
MMM,
-1.09%
are contributing to the blue-chip gauge’s intraday decline. Intel’s shares have fallen $0.95 (2.7%) while those of 3M are down $1.63 (1.5%), combining for an approximately 17-point drag on the Dow. Also contributing significantly to the decline are American Express
AXP,
-1.60%,
Boeing
BA,
-2.56%,
and JPMorgan Chase
JPM,
-1.07%.
A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.