Apple, Nike Share Losses Contribute To Dow's 385-Point Drop

Dow Jones
23 May

DJ Apple, Nike Share Losses Contribute To Dow's 385-Point Drop

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Dow Jones Industrial Average is declining Friday morning with shares of Apple and Nike delivering the stiffest headwinds for the price-weighted average.

Shares of Apple (Apple Inc.) and Nike (Nike Inc. Cl B) have contributed to the blue-chip gauge's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 385 points lower (-0.9%).

Apple's shares have fallen $5.58 (2.8%) while those of Nike have fallen $1.38 (2.3%), combining for an approximately 43-point drag on the Dow.

Also contributing significantly to the decline are NVIDIA Corp. (NVIDIA Corp.), Walt Disney (Walt Disney Co.), and Salesforce (Salesforce Inc.).

A $1 move in any one of the 30 components of the benchmark results in a 6.15-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2025.

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(END) Dow Jones Newswires

May 23, 2025 09:45 ET (13:45 GMT)

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