Behind losses for shares of Salesforce Inc. and Merck, the Dow Jones Industrial Average is declining Wednesday afternoon. Shares of Salesforce Inc.
CRM,
-1.87%
and Merck
MRK,
-1.67%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.58%
was most recently trading 223 points (0.7%) lower. Salesforce Inc.’s shares have fallen $3.50 (2.2%) while those of Merck are off $1.60 (1.8%), combining for an approximately 34-point drag on the Dow. Cisco
CSCO,
-1.14%,
American Express
AXP,
-1.07%,
and Chevron
CVX,
-1.34%
are also contributing significantly to the decline. A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.