Shares of Boeing and Nike are trading lower Wednesday afternoon, dragging the Dow Jones Industrial Average into negative territory. Shares of Boeing
BA,
-2.50%
and Nike
NKE,
-2.45%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.36%
was most recently trading 100 points lower (-0.3%). Boeing’s shares have fallen $4.96 (2.4%) while those of Nike have declined $3.03 (2.4%), combining for an approximately 53-point drag on the Dow. Also contributing significantly to the decline are Travelers
TRV,
-1.51%,
Walgreens Boots
WBA,
-1.45%,
and JPMorgan Chase
JPM,
-1.16%.
A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.