Salesforce Inc., Nike share losses contribute to Dow's 1175-point drop

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Shares of Salesforce Inc. and Nike are retreating Thursday afternoon, leading the Dow Jones Industrial Average slump. The Dow DJIA, -3.46% was most recently trading 1,175 points lower (-3.4%), as shares of Salesforce Inc. CRM, -8.04% and Nike NKE, -6.89% have contributed to the blue-chip gauge’s intraday decline. Salesforce Inc.’s shares are off $14.39 (7.8%) while those of Nike have declined $8.40 (6.7%), combining for a roughly 150-point drag on the Dow. Home Depot HD, -5.76%, Apple Inc. AAPL, -5.98%, and Microsoft MSFT, -4.88% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.