IBM, Nike share losses lead Dow's nearly 100-point drop

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DOW UPDATE

Dragged down by losses for shares of IBM and Nike, the Dow Jones Industrial Average is down Tuesday afternoon. The Dow was most recently trading 94 points, or 0.3%, lower, as shares of IBM and Nike are contributing to the index’s intraday decline. IBM’s shares have fallen $3.90 (2.9%) while those of Nike are down $2.90, or 2.1%, combining for an approximately 45-point drag on the Dow. Other components contributing significantly to the decline include Johnson & Johnson Procter & Gamble and American Express A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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