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

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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,
-2.93%

and Intel
INTC,
-2.75%

have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-1.04%

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,
-2.05%
,
Procter & Gamble
PG,
-1.83%
,
and Walmart
WMT,
-1.81%
.
A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.