Dow’s 382-point drop led by losses for Chevron, JPMorgan Chase stocks

Shares of Chevron and JPMorgan Chase are seeing declines Friday afternoon, propelling the Dow Jones Industrial Average selloff. Shares of Chevron
CVX,
-6.72%
and JPMorgan Chase
JPM,
-3.60%
have contributed to the index’s intraday decline, as the Dow
DJIA,
-1.12%
was most recently trading 382 points lower (-1.2%). Chevron’s shares have fallen $9.04 (5.8%) while those of JPMorgan Chase have declined $4.97, or 3.5%, combining for a roughly 92-point drag on the Dow. Amgen
AMGN,
-3.02%,
Verizon
VZ,
-2.99%,
and Walgreens Boots
WBA,
-2.58%
are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index results in a 6.59-point swing.