
The Dow Jones Industrial Average is down Tuesday afternoon with shares of Verizon and Home Depot delivering the stiffest headwinds for the blue-chip average. Shares of Verizon
VZ,
-2.24%
and Home Depot
HD,
-1.71%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.01%
was most recently trading 231 points, or 0.7%, lower. Verizon’s shares have dropped $1.14, or 2.8%, while those of Home Depot are down $8.06, or 2.5%, combining for a roughly 61-point drag on the Dow. Also contributing significantly to the decline are Caterpillar
CAT,
-1.58%,
Nike
NKE,
-0.93%,
and Procter & Gamble
PG,
-1.14%.
A $1 move in any of the index’s 30 components results in a 6.59-point swing.