The Dow Jones Industrial Average is declining Wednesday afternoon with shares of Chevron and Microsoft seeing the biggest drops for the index. The Dow
DJIA,
+0.11%
was most recently trading 159 points lower (-0.5%), as shares of Chevron
CVX,
-1.05%
and Microsoft
MSFT,
-0.80%
are contributing to the blue-chip gauge’s intraday decline. Chevron’s shares have declined $2.66 (1.6%) while those of Microsoft are off $4.00, or 1.5%, combining for an approximately 44-point drag on the Dow. Also contributing significantly to the decline are Johnson & Johnson
JNJ,
-1.65%,
American Express
AXP,
-0.19%,
and Visa
V,
-0.20%.
A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.