By MarketWatch Automation
Dragged down by losses for shares of Home Depot and Walt Disney, the Dow Jones Industrial Average is seeing a selloff Thursday afternoon. The Dow (DOW:DJIA) was most recently trading 518 points lower (-1.7%), as shares of Home Depot (NYS:HD) and Walt Disney (NYS:DIS) have contributed to the blue-chip gauge's intraday decline. Home Depot's shares have dropped $8.69, or 3.4%, while those of Walt Disney are off $6.35 (3.3%), combining for an approximately 99-point drag on the Dow. Johnson & Johnson (NYS:JNJ) , Boeing (NYS:BA) , and Intel (NAS:INTC) are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index results in a 6.58-point swing.