Dow down nearly 100 points on losses for shares of Chevron, Travelers

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The Dow Jones Industrial Average is trading down Thursday morning with shares of Chevron and Travelers seeing the biggest drops for the blue-chip average. Shares of Chevron CVX, -1.45% and Travelers TRV, -1.41% have contributed to the index’s intraday decline, as the Dow DJIA, -0.19% was most recently trading 91 points (0.3%) lower. Chevron’s shares are off $2.05 (2.0%) while those of Travelers have fallen $2.30, or 1.5%, combining for a roughly 29-point drag on the Dow. JPMorgan Chase JPM, -0.79%, American Express AXP, -1.25%, and Verizon Communications Inc. VZ, -1.00% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the benchmark results in a 6.58-point swing.