Home Depot, Nike share losses contribute to Dow's nearly 150-point drop

Shares of Home Depot and Nike are seeing declines Tuesday morning, dragging the Dow Jones Industrial Average into negative territory. Shares of Home Depot
HD,
-1.50%
and Nike
NKE,
-0.73%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
+0.38%
was most recently trading 142 points, or 0.4%, lower. Home Depot’s shares are off $6.14, or 1.9%, while those of Nike have fallen $1.94, or 1.5%, combining for a roughly 53-point drag on the Dow. Also contributing significantly to the decline are Procter & Gamble
PG,
-1.00%,
Walmart
WMT,
-0.09%,
and Verizon
VZ,
-2.08%.
A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.

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