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Goldman Sachs, JPMorgan Chase share losses contribute to Dow's 82-point drop

Dragged down by negative returns for shares of Goldman Sachs and JPMorgan Chase, the Dow Jones Industrial Average is declining Wednesday afternoon. Shares of Goldman Sachs
GS,
-2.23%

and JPMorgan Chase
JPM,
-1.35%

are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.25%

was most recently trading 82 points (0.3%) lower. Goldman Sachs’s shares are down $7.21 (2.3%) while those of JPMorgan Chase have declined $1.66, or 1.5%, combining for a roughly 58-point drag on the Dow. Other components contributing significantly to the decline include Verizon Communications Inc.
VZ,
-1.17%
,
Walt Disney
DIS,
-1.53%
,
and Coca-Cola
KO,
-1.00%
.
A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.

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