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Aug. 26, 2022, 10:02 a.m. EDT

Nike, IBM share losses contribute to Dow's 83-point drop

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By MarketWatch Automation

The Dow Jones Industrial Average is declining Friday morning with shares of Nike and IBM delivering the stiffest headwinds for the blue-chip average. Shares of Nike /zigman2/quotes/203439053/composite NKE -0.65% and IBM /zigman2/quotes/203856914/composite IBM -0.26% have contributed to the blue-chip gauge's intraday decline, as the Dow /zigman2/quotes/210598065/realtime DJIA +0.45% was most recently trading 83 points lower (-0.2%). Nike's shares have declined $1.19, or 1.1%, while those of IBM have dropped $0.91 (0.7%), combining for an approximately 14-point drag on the Dow. Other components contributing significantly to the decline include Intel /zigman2/quotes/203649727/composite INTC -1.11% , Visa /zigman2/quotes/203660239/composite V +0.97% , and Walt Disney /zigman2/quotes/203410047/composite DIS -0.01% . A $1 move in any of the Dow's 30 components results in a 6.59-point swing.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/203439053/composite
US : U.S.: NYSE
$ 105.96
-0.69 -0.65%
Volume: 3.43M
Nov. 25, 2022 1:10p
P/E Ratio
30.09
Dividend Yield
1.28%
Market Cap
$165.79 billion
Rev. per Employee
$596,953
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/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 148.37
-0.38 -0.26%
Volume: 2.08M
Nov. 25, 2022 1:10p
P/E Ratio
108.17
Dividend Yield
4.45%
Market Cap
$134.15 billion
Rev. per Employee
$196,791
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,347.03
+152.97 +0.45%
Volume: 0.00
Nov. 25, 2022 2:32p
loading...
/zigman2/quotes/203649727/composite
US : U.S.: Nasdaq
$ 29.34
-0.33 -1.11%
Volume: 11.31M
Nov. 25, 2022 1:00p
P/E Ratio
9.05
Dividend Yield
4.98%
Market Cap
$121.09 billion
Rev. per Employee
$574,236
loading...
/zigman2/quotes/203660239/composite
US : U.S.: NYSE
$ 213.79
+2.06 +0.97%
Volume: 1.99M
Nov. 25, 2022 1:10p
P/E Ratio
31.22
Dividend Yield
0.84%
Market Cap
$440.77 billion
Rev. per Employee
$1.11M
loading...
/zigman2/quotes/203410047/composite
US : U.S.: NYSE
$ 98.87
-0.01 -0.01%
Volume: 6.66M
Nov. 25, 2022 1:10p
P/E Ratio
57.39
Dividend Yield
0.00%
Market Cap
$180.25 billion
Rev. per Employee
$435,379
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