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

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Shares of Amgen Inc. and Nike are retreating Tuesday morning, sending the Dow Jones Industrial Average into negative territory. Shares of Amgen Inc. AMGN, -2.05% and Nike NKE, -1.87% have contributed to the index’s intraday decline, as the Dow DJIA, -0.48% 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, -1.35%, Walgreens Boots WBA, -1.43%, and Dow Inc. DOW, -0.98% 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.