Dow's Nearly 50-point Fall Led By Losses In Nike, Procter & Gamble Shares
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Nike and Procter & Gamble are trading lower Tuesday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA was most recently trading 46 points lower (-0.1%), as shares of Nike NKE and Procter & Gamble PG have contributed to the index's intraday decline. Nike's shares have fallen $4.05 (3.2%) while those of Procter & Gamble have fallen $3.12 (2.0%), combining for a roughly 47-point drag on the Dow. Also contributing significantly to the decline are Visa V, Microsoft MSFT, and Merck MRK. A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2022.
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May 03, 2022 14:30 ET (18:30 GMT)
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