Dragged down by negative returns for shares of Walt Disney and Nike, the Dow Jones Industrial Average is falling Monday afternoon. Shares of Walt Disney
DIS,
and Nike
NKE,
are contributing to the index’s intraday decline, as the Dow
DJIA,
was most recently trading 201 points, or 0.6%, lower. Walt Disney’s shares are off $3.77, or 4.2%, while those of Nike have declined $2.96, or 2.8%, combining for a roughly 44-point drag on the Dow. IBM
IBM,
Microsoft
MSFT,
and Home Depot
HD,
are also contributing significantly to the decline. A $1 move in any of the index’s 30 components equates to a 6.59-point swing.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Read More: Dow drops 200 points on losses for Walt Disney, Nike shares