Shares of Nike and Visa are retreating Thursday morning, sending the Dow Jones Industrial Average into negative territory. Shares of Nike
NKE,
and Visa
V,
are contributing to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
was most recently trading 98 points, or 0.3%, lower. Nike’s shares are off $2.80 (2.7%) while those of Visa are down $4.89 (2.1%), combining for an approximately 51-point drag on the Dow. Microsoft
MSFT,
Apple
AAPL,
and Cisco
CSCO,
are also contributing significantly to the decline. A $1 move in any of the benchmark’s 30 components results in 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.
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