Nike, JPMorgan Chase share losses contribute to Dow’s 183-point fall

Shares of Nike and JPMorgan Chase are trading lower Friday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Nike
NKE,
-2.41%
and JPMorgan Chase
JPM,
-1.98%
are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.48%
was most recently trading 183 points lower (-0.5%). Nike’s shares have declined $2.14 (1.8%) while those of JPMorgan Chase are off $2.35, or 1.7%, combining for a roughly 30-point drag on the Dow. Other components contributing significantly to the decline include Salesforce
CRM,
-1.19%,
3M
MMM,
-1.24%,
and Apple
AAPL,
-1.23%.
A $1 move in any of the index’s 30 components equates to a 6.59-point swing.