Dow's 389-point drop led by losses for shares of Salesforce Inc., Home Depot

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Shares of Salesforce Inc. and Home Depot are posting losses Thursday morning, propelling the Dow Jones Industrial Average selloff. The Dow DJIA, -1.83% was most recently trading 389 points, or 1.1%, lower, as shares of Salesforce Inc. CRM, -5.23% and Home Depot HD, -3.53% have contributed to the index’s intraday decline. Salesforce Inc.’s shares have declined $6.49, or 3.5%, while those of Home Depot are off $8.71, or 2.8%, combining for an approximately 100-point drag on the Dow. Nike NKE, -4.24%, Apple Inc. AAPL, -3.25%, and Microsoft MSFT, -3.81% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.