Dow's 169-point drop led by losses for shares of Intel, Nike

The Dow Jones Industrial Average is declining Friday morning with shares of Intel and Nike seeing the biggest declines for the price-weighted average. The Dow DJIA, -0.64% was most recently trading 169 points (0.6%) lower, as shares of Intel INTC, -2.37% and Nike NKE, -2.16% have contributed to the blue-chip gauge’s intraday decline. Intel’s shares are down $1.19 (2.4%) while those of Nike are off $2.13, or 1.5%, combining for a roughly 22-point drag on the Dow. Also contributing significantly to the decline are UnitedHealth UNH, -1.76%, Amgen Inc. AMGN, -1.47%, and Chevron CVX, -1.41%. A $1 move in any one of the 30 components of the index equates to a 6.58-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.