Dow's 150-point drop led by losses for Honeywell, Intel shares

The Dow Jones Industrial Average is declining Wednesday morning with shares of Honeywell and Intel facing the biggest drops for the blue-chip average. Shares of Honeywell
HON,
-2.90%

and Intel
INTC,
-2.52%

have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-1.02%

was most recently trading 152 points lower (-0.4%). Honeywell’s shares have declined $5.99, or 2.8%, while those of Intel are off $0.68, or 2.3%, combining for a roughly 44-point drag on the Dow. Also contributing significantly to the decline are Coca-Cola
KO,
-2.34%
,
Procter & Gamble
PG,
-1.91%
,
and Walmart
WMT,
-1.86%
.
A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.