Salesforce.com Inc., Nike share losses lead Dow's 275-point drop

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DOW UPDATE

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Dragged down by negative returns for shares of Salesforce.com Inc. and Nike, the Dow Jones Industrial Average is declining Wednesday afternoon. The Dow was most recently trading 279 points (0.8%) lower, as shares of Salesforce.com Inc. and Nike are contributing to the blue-chip gauge’s intraday decline. Salesforce.com Inc.’s shares have fallen $11.29, or 3.7%, while those of Nike have declined $6.07, or 3.5%, combining for an approximately 114-point drag on the Dow. Also contributing significantly to the decline are Goldman Sachs Apple Inc. and Chevron A $1 move in any one of the 30 components of the index results in a 6.59-point swing.

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