Visa, IBM share losses contribute to Dow’s 200-point fall

Shares of Visa and IBM are trading lower Tuesday morning, dragging the Dow Jones Industrial Average into negative territory. Shares of Visa
V,
-2.45%
and IBM
IBM,
-1.90%
are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.55%
was most recently trading 207 points, or 0.6%, lower. Visa’s shares are down $5.31 (2.4%) while those of IBM have fallen $2.38, or 1.9%, combining for a roughly 51-point drag on the Dow. Other components contributing significantly to the decline include Caterpillar
CAT,
-1.85%,
Boeing
BA,
-1.65%,
and Walgreens Boots
WBA,
-1.08%.
A $1 move in any of the Dow’s 30 components equates to a 6.59-point swing.