By MarketWatch Automation
The Dow Jones Industrial Average is down Tuesday afternoon with shares of IBM and Nike seeing the biggest declines for the index. The Dow /zigman2/quotes/210598065/realtime DJIA -0.78% was most recently trading 187 points lower (-0.5%), as shares of IBM /zigman2/quotes/203856914/composite IBM -0.83% and Nike /zigman2/quotes/203439053/composite NKE -0.62% are contributing to the blue-chip gauge's intraday decline. IBM's shares have declined $4.04 (3.0%) while those of Nike have fallen $3.10, or 2.3%, combining for a roughly 47-point drag on the Dow. Also contributing significantly to the decline are Johnson & Johnson /zigman2/quotes/201724570/composite JNJ +0.04% , Walgreens Boots /zigman2/quotes/203410933/composite WBA -0.07% , and Dow Inc. /zigman2/quotes/203121064/composite DOW -1.95% . A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.