Dow’s nearly 100-point drop led by losses for Nike, JPMorgan Chase shares

Shares of Nike and JPMorgan Chase are retreating Friday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Nike
NKE,
-2.09%
and JPMorgan Chase
JPM,
-1.72%
have contributed to the index’s intraday decline, as the Dow
DJIA,
-0.14%
was most recently trading 99 points, or 0.3%, lower. Nike’s shares are off $2.67, or 2.2%, while those of JPMorgan Chase have dropped $2.32, or 1.7%, combining for an approximately 33-point drag on the Dow. Other components contributing significantly to the decline include Salesforce
CRM,
-0.98%,
Boeing
BA,
-0.88%,
and 3M
MMM,
-0.74%.
A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.