DJ Nike, Amazon.Com Inc. Share Losses Contribute To Dow's 650-Point Drop
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Nike and Amazon.com Inc. are trading lower Wednesday morning, leading the Dow Jones Industrial Average selloff.
Shares of Nike (Nike Inc. Cl B) and Amazon.com Inc. (Amazon.com Inc.) are contributing to the blue-chip gauge's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 653 points, or 1.6%, lower.
Nike's shares have fallen $2.26 (3.9%) while those of Amazon.com Inc. are off $7.25 (3.9%), combining for a roughly 58-point drag on the Dow.
Also contributing significantly to the decline are NVIDIA Corp. (NVIDIA Corp.), American Express (American Express Co.), and Goldman Sachs (Goldman Sachs Group Inc.).
A $1 move in any one of the 30 components of the benchmark equates to a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 30, 2025 09:45 ET (13:45 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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