DJ Dow Drops 690 Points On Losses For Shares Of UnitedHealth, Nike
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Dragged down by negative returns for shares of UnitedHealth and Nike, the Dow Jones Industrial Average is seeing a selloff Wednesday afternoon.
The Dow (Dow Jones Industrial Average) was most recently trading 690 points, or 1.6%, lower, as shares of UnitedHealth (UnitedHealth Group Inc.) and Nike (Nike Inc. Cl B) have contributed to the blue-chip gauge's intraday decline.
UnitedHealth's shares have declined $16.09 (5.0%) while those of Nike are off $2.23, or 3.6%, combining for a roughly 113-point drag on the Dow.
Other components contributing significantly to the decline include American Express (American Express Co.), 3M (3M Co.), and IBM (International Business Machines Corp.).
A $1 move in any of the index's 30 components results in a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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(END) Dow Jones Newswires
May 21, 2025 14:17 ET (18:17 GMT)
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