Nike, Walt Disney share losses contribute to Dow’s nearly 100-point fall

Shares of Nike and Walt Disney are retreating Friday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow DJIA was most recently trading 94 points (0.3%) lower, as shares of Nike NKE and Walt Disney DIS have contributed to the blue-chip gauge’s intraday decline. Nike’s shares have fallen $14.53 (11.9%) while those of Walt Disney are off $1.19 (1.3%), combining for an approximately 104-point drag on the Dow. Other components contributing significantly to the decline include Boeing BA, Apple AAPL, and Salesforce CRM. A $1 move in any of the Dow’s 30 components results in a 6.59-point swing.

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