Dow falls 30 points on losses for Chevron, Walt Disney stocks

The Dow Jones Industrial Average is trading down Monday afternoon with shares of Chevron and Walt Disney delivering the stiffest headwinds for the price-weighted average. The Dow DJIA, -0.62% was most recently trading 30 points (0.1%) lower, as shares of Chevron CVX, -3.26% and Walt Disney DIS, -3.65% have contributed to the blue-chip gauge’s intraday decline. Chevron’s shares are off $2.41 (2.6%) while those of Walt Disney have dropped $4.56, or 2.6%, combining for a roughly 46-point drag on the Dow. Other components contributing significantly to the decline include American Express AXP, -2.39%, Merck MRK, -2.42%, and Johnson & Johnson JNJ, -2.54%. A $1 move in any of the Dow’s 30 components equates to a 6.58-point swing.