Shares of Walgreens Boots and Verizon Communications Inc. are trading lower Thursday morning, dragging the Dow Jones Industrial Average into negative territory. Shares of Walgreens Boots
WBA,
-5.04%
and Verizon Communications Inc.
VZ,
-2.74%
are contributing to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.25%
was most recently trading 86 points lower (-0.2%). Walgreens Boots’s shares are down $1.74 (4.3%) while those of Verizon Communications Inc. have fallen $1.26, or 2.8%, combining for an approximately 20-point drag on the Dow. Also contributing significantly to the decline are Nike
NKE,
-0.80%,
Visa
V,
-0.03%,
and Amgen Inc.
AMGN,
-0.55%.
A $1 move in any of the index’s 30 components results in a 6.59-point swing.
