By MarketWatch Automation
Behind declines for shares of IBM and JPMorgan Chase, the Dow Jones Industrial Average is falling Thursday afternoon. Shares of IBM /zigman2/quotes/203856914/composite IBM -1.48% and JPMorgan Chase /zigman2/quotes/205971034/composite JPM -1.75% have contributed to the index's intraday decline, as the Dow /zigman2/quotes/210598065/realtime DJIA -1.45% was most recently trading 247 points lower (-0.8%). IBM's shares have fallen $3.13, or 2.5%, while those of JPMorgan Chase have declined $2.25, or 2.0%, combining for a roughly 35-point drag on the Dow. Other components contributing significantly to the decline include Walgreens Boots /zigman2/quotes/203410933/composite WBA -2.04% , 3M /zigman2/quotes/205029460/composite MMM -3.41% , and Intel /zigman2/quotes/203649727/composite INTC -2.10% . A $1 move in any one of the 30 components of the index results in a 6.59-point swing.