The Dow Jones Industrial Average is slumping Tuesday afternoon with shares of Home Depot and Intel delivering the stiffest headwinds for the blue-chip average. Shares of Home Depot
HD,
-7.06%
and Intel
INTC,
-5.61%
have contributed to the index’s intraday decline, as the Dow
DJIA,
-2.06%
was most recently trading 704 points lower (-2.1%). Home Depot’s shares have fallen $22.83, or 7.2%, while those of Intel have dropped $1.55, or 5.6%, combining for an approximately 161-point drag on the Dow. 3M
MMM,
-3.31%,
Walt Disney
DIS,
-2.97%,
and Nike
NKE,
-3.00%
are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.