The Dow Jones Industrial Average is declining Thursday morning with shares of Coca-Cola and Dow facing the biggest drops for the price-weighted average.
Shares of Coca-Cola KO, -4.83% and Dow DOW, -2.45% are contributing to the blue-chip gauge’s intraday decline, as the Dow DJIA, -0.03% was most recently trading 121 points lower (-0.4%). Coca-Cola’s shares are down $1.36 (2.5%) while those of Dow are off $0.98 (1.9%), combining for an approximately 15-point drag on the Dow. Other components contributing significantly to the decline include 3M MMM, -0.22%, Cisco CSCO, -0.71%, and Honeywell HON, -1.36%. A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.