By MarketWatch Automation
Shares of Johnson & Johnson and Procter & Gamble are trading lower Thursday morning, dragging the Dow Jones Industrial Average into negative territory. The Dow /zigman2/quotes/210598065/realtime DJIA +0.45% was most recently trading 96 points, or 0.3%, lower, as shares of Johnson & Johnson /zigman2/quotes/201724570/composite JNJ +0.13% and Procter & Gamble /zigman2/quotes/202894679/composite PG +0.18% have contributed to the index's intraday decline. Johnson & Johnson's shares have dropped $2.13, or 1.3%, while those of Procter & Gamble have declined $1.46 (1.1%), combining for an approximately 24-point drag on the Dow. Other components contributing significantly to the decline include Merck /zigman2/quotes/209956077/composite MRK +0.64% , Coca-Cola /zigman2/quotes/209159848/composite KO +0.10% , and IBM /zigman2/quotes/203856914/composite IBM -0.26% . A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.