DJ Nike, Merck Share Losses Contribute To Dow's 150-Point Drop

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Behind negative returns for shares of Nike and Merck, the Dow Jones Industrial Average is down Wednesday morning.

The Dow (Dow Jones Industrial Average) was most recently trading 159 points (0.3%) lower, as shares of Nike (Nike Inc. Cl B) and Merck (Merck & Co. Inc.) are contributing to the blue-chip gauge's intraday decline.

Nike's shares have dropped $1.06, or 2.7%, while those of Merck have fallen $2.81 (1.8%), combining for a roughly 23-point drag on the Dow.

Also contributing significantly to the decline are IBM (International Business Machines Corp.), Goldman Sachs (Goldman Sachs Group Inc.), and Alphabet Inc. Cl A (Alphabet Inc. Cl A).

A $1 move in any of the index's 30 components results in a 5.94-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled August 26, 2026.