By MarketWatch Automation
The Dow Jones Industrial Average is nearly flat Wednesday afternoon with shares of IBM and Dow Inc. seeing the biggest losses for the blue-chip average. Shares of IBM /zigman2/quotes/203856914/composite IBM +2.26% and Dow Inc. /zigman2/quotes/203121064/composite DOW +2.79% are contributing -8% of the blue-chip gauge's intraday losses, as the Dow /zigman2/quotes/210598065/realtime DJIA +1.85% was most recently trading 3 points (0.0%) lower. IBM's shares are down $2.73 (2.1%) while those of Dow Inc. are off $1.25, or 2.0%, combining for an approximately 26-point drag on the Dow. Also contributing significantly to the decline are Nike /zigman2/quotes/203439053/composite NKE +0.99% , Cisco /zigman2/quotes/209509471/composite CSCO +3.79% , and Merck /zigman2/quotes/209956077/composite MRK +1.33% . A $1 move in any of the Dow's 30 components results in a 6.58-point swing.