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Dow drops 1,120 points on losses for Salesforce Inc., Nike stocks

Byadmin2

May 5, 2022
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Dragged down by unfavorable returns for shares of Salesforce Inc. and Nike, the Dow Jones Industrial Average is plunging Thursday afternoon. The Dow
DJIA,.
-3.18%

was most just recently trading 1,120 points, or 3.3%, lower, as shares of Salesforce Inc.
CRM,.
-7.70%

and Nike.
NKE,.
-6.16%

are adding to the index’s intraday decrease. Salesforce Inc.’s shares are down $13.86 (7.5%) while those of Nike are down $7.18, or 5.7%, integrating for an approximately 139-point drag on the Dow. Apple Inc.
AAPL,.
-5.58%
,
House Depot.
HD,.
-5.15%
,
and Microsoft.
MSFT,.
-4.83%

are likewise contributing considerably to the decrease. A $1 relocation in any among the 30 parts of the index leads to a 6.59-point swing.

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