Dow falls 86 points on losses for Walgreens Boots, Verizon Communications Inc. shares

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.

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