Intel, Chevron share losses contribute to Dow's nearly 250-point drop

Shares of Intel and Chevron are trading lower Friday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA, -0.52% was most recently trading 244 points (0.8%) lower, as shares of Intel INTC, -6.00% and Chevron CVX, -1.65% are contributing to the index’s intraday decline. Intel’s shares have fallen $1.70, or 3.4%, while those of Chevron have dropped $1.76, or 2.0%, combining for a roughly 23-point drag on the Dow. Other components contributing significantly to the decline include Apple Inc. AAPL, -1.62%, Amgen Inc. AMGN, -1.19%, and UnitedHealth UNH, -1.74%. A $1 move in any of the Dow’s 30 components results in a 6.58-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.