Dragged down by declines for shares of Salesforce Inc. and Merck, the Dow Jones Industrial Average is trading down Wednesday afternoon. Shares of Salesforce Inc.
CRM,
-2.24%
and Merck
MRK,
-1.43%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.53%
was most recently trading 132 points lower (-0.4%). Salesforce Inc.’s shares are down $3.14 (2.0%) while those of Merck are off $1.16 (1.3%), combining for a roughly 28-point drag on the Dow. Also contributing significantly to the decline are Intel
INTC,
-1.07%,
Nike
NKE,
-1.16%,
and Cisco
CSCO,
-1.03%.
A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.
