Dow drops 175 points on losses in Intel, Walgreens Boots shares

Dragged down by declines for shares of Intel and Walgreens Boots, the Dow Jones Industrial Average is falling Thursday morning. Shares of Intel
INTC,
-5.52%
and Walgreens Boots
WBA,
-2.66%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.11%
was most recently trading 177 points lower (-0.5%). Intel’s shares are down $2.10 (7.2%) while those of Walgreens Boots have dropped $0.93 (3.0%), combining for a roughly 20-point drag on the Dow. Other components contributing significantly to the decline include Verizon
VZ,
-2.93%,
Dow
DOW,
-1.85%,
and Amgen
AMGN,
-1.74%.
A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.