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The Dow Jones Industrial Average is falling Wednesday afternoon with shares of American Express and Nike delivering the stiffest headwinds for the index. Shares of American Express (AXP) and Nike (NKE) have contributed to the index's intraday decline, as the Dow was most recently trading 143 points (0.4%) lower. American Express's shares have fallen $5.14 (3.4%) while those of Nike have declined $2.06 (1.7%), combining for a roughly 47-point drag on the Dow. Also contributing significantly to the decline are Visa (V), Chevron (CVX), and Intel (INTC). A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 14:55 ET (18:55 GMT)
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