By MarketWatch Automation
Behind declines for shares of IBM and Intel, the Dow Jones Industrial Average is declining Friday afternoon. Shares of IBM /zigman2/quotes/203856914/composite IBM -2.89% and Intel /zigman2/quotes/203649727/composite INTC +0.63% have contributed to the index's intraday decline, as the Dow /zigman2/quotes/210598065/realtime DJIA -1.50% was most recently trading 121 points, or 0.4%, lower. IBM's shares are down $13.06 (9.9%) while those of Intel have fallen $5.42 (8.7%), combining for a roughly 125-point drag on the Dow. Other components contributing significantly to the decline include Travelers /zigman2/quotes/206313935/composite TRV -1.69% , UnitedHealth /zigman2/quotes/210453738/composite UNH +1.02% , and Nike /zigman2/quotes/203439053/composite NKE -0.36% . A $1 move in any one of the 30 components of the benchmark equates to a 6.78-point swing.