Verizon Communications Inc., JPMorgan Chase share losses contribute to Dow's 82-point drop

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Dragged down by declines for shares of Verizon Communications Inc. and JPMorgan Chase, the Dow Jones Industrial Average is down Monday afternoon. Shares of Verizon Communications Inc. VZ, -2.15% and JPMorgan Chase JPM, -1.80% have contributed to the index’s intraday decline, as the Dow DJIA, -0.31% was most recently trading 82 points, or 0.2%, lower. Verizon Communications Inc.’s shares have fallen $1.16 (2.2%) while those of JPMorgan Chase have declined $2.90 (1.7%), combining for a roughly 27-point drag on the Dow. Visa V, -1.78%, Walt Disney DIS, -1.41%, and Goldman Sachs GS, -1.31% are also contributing significantly to the decline. A $1 move in any of the index’s 30 components results in a 6.58-point swing.