Dow’s nearly 250-point fall led by losses in shares of Amgen, Home Depot

Shares of Amgen and Home Depot are posting losses Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Amgen
AMGN,
-3.37%
and Home Depot
HD,
-2.72%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.65%
was most recently trading 243 points (0.7%) lower. Amgen’s shares are off $9.09 (3.3%) while those of Home Depot are down $7.73 (2.6%), combining for an approximately 111-point drag on the Dow. Other components contributing significantly to the decline include Nike
NKE,
-2.18%,
Merck
MRK,
-1.93%,
and Walgreens Boots
WBA,
-2.62%.
A $1 move in any of the index’s 30 components equates to a 6.59-point swing.