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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) is trading down 49.0 points (-0.3%) at 17,064 as of Monday, Sep 29, 2014, 11:36 a.m. ET. During this time, 105.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 298.5 million. The NYSE advances/declines ratio sits at 1,055 issues advancing vs. 1,873 declining with 201 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Holding back the Dow today is Nike (NYSE: NKE), which is lagging the broader Dow index with a 17-cent decline (-0.2%) bringing the stock to $89.33. This single loss is lowering the Dow Jones Industrial Average by 1.29 points or roughly accounting for 2.6% of the Dow's overall loss. Volume for Nike currently sits at 3.3 million shares traded vs. an average daily trading volume of 3.3 million shares.

Nike has a market cap of $55.09 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 13.8% year-to-date as of Friday'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.

If you liked this article you might like

Meal Kits Are Hot, and Weight Watchers May Be Next to Try Them

This Is How to Avoid Becoming Amazon Roadkill

Toys 'R' Us Bankruptcy Filing a Reminder That Amazon Is Crushing Everyone

Stocks on Track for Records Even as Trump Goes After North Korea

Cramer: How to Avoid Being Amazon Roadkill