Nike, 3M share losses contribute to Dow’s 212-point drop

Shares of Nike and 3M are posting losses Tuesday morning, sending the Dow Jones Industrial Average into negative territory. Shares of Nike
NKE,
-2.65%
and 3M
MMM,
-2.15%
have contributed to the index’s intraday decline, as the Dow
DJIA,
-0.72%
was most recently trading 212 points lower (-0.6%). Nike’s shares have dropped $2.70 (2.3%) while those of 3M are off $2.04, or 2.0%, combining for a roughly 31-point drag on the Dow. Chevron
CVX,
-2.04%,
Home Depot
HD,
-1.54%,
and Walt Disney
DIS,
-1.81%
are also contributing significantly to the decline. 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.