Dow's nearly 525-point fall led by losses for Nike, Boeing shares

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The Dow Jones Industrial Average is in selloff mode Tuesday morning with shares of Nike and Boeing facing the biggest declines for the index. Shares of Nike NKE, -4.25% and Boeing BA, -4.07% have contributed to the blue-chip gauge’s intraday decline, as the Dow DJIA, -1.45% was most recently trading 523 points lower (-1.5%). Nike’s shares are down $5.33, or 4.2%, while those of Boeing are off $6.62, or 3.8%, combining for a roughly 79-point drag on the Dow. Also contributing significantly to the decline are 3M MMM, -3.28%, Salesforce Inc. CRM, -2.15%, and Walt Disney DIS, -2.45%. A $1 move in any of the Dow’s 30 components results in a 6.59-point swing.