DJ Amazon.Com Inc., Nike Share Losses Contribute To Dow's 229-Point Drop
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Shares of Amazon.com Inc. and Nike are posting losses Friday morning, dragging the Dow Jones Industrial Average into negative territory.
Shares of Amazon.com Inc. (Amazon.com Inc.) and Nike (Nike Inc. Cl B) are contributing to the blue-chip gauge's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 229 points lower (-0.5%).
Amazon.com Inc.'s shares are off $8.93 (3.7%) while those of Nike are down $1.67 (2.3%), combining for a roughly 65-point drag on the Dow.
Apple (Apple Inc.), Home Depot (Home Depot Inc.), and undefined (Sherwin-Williams Co.) are also contributing significantly to the decline.
A $1 move in any of the index's 30 components results in a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled February 7, 2025.
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February 07, 2025 10:53 ET (15:53 GMT)
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