Dragged down by declines for shares of United Technologies and Boeing, the Dow Jones Industrial Average is slumping Wednesday morning. The Dow DJIA, -0.87% was most recently trading 1,335 points lower (-6.3%), as shares of United Technologies UTX and Boeing BA, -3.81% are contributing to the blue-chip gauge's intraday decline. United Technologies's shares are off $20.14 (21.7%) while those of Boeing have dropped $21.15, or 17.0%, combining for a roughly 280-point drag on the Dow. Other components contributing significantly to the decline include American Express AXP, -1.16% , Chevron CVX, -0.73% , and UnitedHealth UNH, +0.99% . A $1 move in any one of the 30 components of the index results in a 6.78-point swing.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.