American Express, Nike share losses lead Dow’s nearly 150-point fall

The Dow Jones Industrial Average is falling Wednesday afternoon with shares of American Express and Nike delivering the stiffest headwinds for the index. Shares of American Express
AXP,
-3.06%
and Nike
NKE,
-1.27%
have contributed to the index’s intraday decline, as the Dow
DJIA,
-0.09%
was most recently trading 143 points (0.4%) lower. American Express’s shares have fallen $5.14 (3.4%) while those of Nike have declined $2.06 (1.7%), combining for a roughly 47-point drag on the Dow. Also contributing significantly to the decline are Visa
V,
-0.84%,
Chevron
CVX,
-1.30%,
and Intel
INTC,
-0.43%.
A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.