Dow drops 415 points on losses for shares of McDonald’s, Walgreens Boots

Shares of McDonald’s and Walgreens Boots are seeing declines Monday morning, propelling the Dow Jones Industrial Average selloff. Shares of McDonald’s
MCD,
-0.84%
and Walgreens Boots
WBA,
-1.33%
are contributing to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.14%
was most recently trading 415 points lower (-1.1%). McDonald’s’s shares have declined $11.90 (4.0%) while those of Walgreens Boots are down $0.82 (3.6%), combining for an approximately 84-point drag on the Dow. Also contributing significantly to the decline are 3M
MMM,
-0.32%,
Home Depot
HD,
-0.16%,
and Microsoft
MSFT,
+1.56%.
A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.