February 6, 2023

Dow drops nearly 100 points on losses for Intel, Nike stocks

Shares of Intel and Nike are seeing declines Monday morning, sending the Dow Jones Industrial Average into negative territory. Shares of Intel
INTC,
-3.14%
and Nike
NKE,
-2.10%
are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.31%
was most recently trading 91 points (0.3%) lower. Intel’s shares have dropped $0.66 (2.2%) while those of Nike are off $2.36, or 1.9%, combining for an approximately 20-point drag on the Dow. Also contributing significantly to the decline are Walgreens Boots
WBA,
-1.79%,
American Express
AXP,
-1.23%,
and Apple
AAPL,
-1.64%.
A $1 move in any of the benchmark’s 30 components equates to 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.

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