Amgen, Home Depot share losses contribute to Dow’s 150-point drop

Shares of Amgen and Home Depot are trading lower Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow
DJIA,
-0.65%
was most recently trading 154 points (0.5%) lower, as shares of Amgen
AMGN,
-3.37%
and Home Depot
HD,
-2.72%
are contributing to the blue-chip gauge’s intraday decline. Amgen’s shares are down $8.69 (3.2%) while those of Home Depot are off $6.33, or 2.1%, combining for an approximately 99-point drag on the Dow. Nike
NKE,
-2.18%,
Johnson & Johnson
JNJ,
-1.95%,
and Cisco
CSCO,
-1.89%
are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index results in a 6.59-point swing.