Amgen Inc., Nike share losses lead Dow's nearly 50-point fall

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Shares of Amgen Inc. and Nike are trading lower Monday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Amgen Inc. AMGN, -1.26% and Nike NKE, -0.80% are contributing to the index’s intraday decline, as the Dow DJIA, -0.10% was most recently trading 48 points lower (-0.1%). Amgen Inc.’s shares are off $3.60 (1.5%) while those of Nike have fallen $1.43, or 1.2%, combining for an approximately 33-point drag on the Dow. Other components contributing significantly to the decline include Salesforce Inc. CRM, -1.32%, Chevron CVX, -0.48%, undefined Walt Disney DIS, -0.87%. A $1 move in any of the index’s 30 components results in a 6.59-point swing.