Dow Jones (DJIA) Today: Nike (NKE) Lower

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The Dow Jones Industrial Average ( ^DJI) is trading down 217.0 points (-1.3%) at 16,993 as of Thursday, Sep 25, 2014, 11:36 a.m. ET. During this time, 112 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 298.3 million. The NYSE advances/declines ratio sits at 403 issues advancing vs. 2,568 declining with 158 unchanged.
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Holding back the Dow today is Nike (NYSE: NKE), which is lagging the broader Dow index with a 98-cent decline (-1.2%) bringing the stock to $79.86. This single loss is lowering the Dow Jones Industrial Average by 7.42 points or roughly accounting for 3.4% of the Dow's overall loss. Volume for Nike currently sits at 1.9 million shares traded vs. an average daily trading volume of 3.3 million shares.

Nike has a market cap of $55.34 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 2.8% year-to-date as of Wednesday's close. The stock's dividend yield sits at 1.2%.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide.

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