Dow's 100-point drop led by losses for shares of Amgen Inc., Nike

Shares of Amgen Inc. and Nike are retreating Tuesday morning, sending the Dow Jones Industrial Average into negative territory. Shares of Amgen Inc. AMGN, -2.59% and Nike NKE, -0.53% have contributed to the index’s intraday decline, as the Dow DJIA, -0.28% was most recently trading 100 points lower (-0.3%). Amgen Inc.’s shares are down $4.66 (2.0%) while those of Nike have dropped $2.56 (1.8%), combining for an approximately 47-point drag on the Dow. Goldman Sachs GS, -1.31%, Walgreens Boots WBA, -1.65%, and Dow Inc. DOW, -0.33% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow 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.