Dow's 432-point drop led by losses for Chevron, Boeing shares

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Shares of Chevron and Boeing are trading lower Wednesday morning, propelling the Dow Jones Industrial Average selloff. Shares of Chevron CVX, -2.51% and Boeing BA, -2.38% have contributed to the index’s intraday decline, as the Dow DJIA, -1.00% was most recently trading 432 points (1.3%) lower. Chevron’s shares are off $2.84 (2.7%) while those of Boeing have declined $5.86 (2.6%), combining for a roughly 57-point drag on the Dow. Goldman Sachs GS, -2.19%, Caterpillar CAT, -1.98%, and Dow Inc. DOW, -1.89% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow equates to a 6.58-point swing.