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Behind declines for shares of Walgreens Boots and Walmart, the Dow Jones Industrial Average is in selloff mode Wednesday morning. The Dow DJIA was most recently trading 392 points, or 1.2%, lower, as shares of Walgreens Boots WBA and Walmart WMT have contributed to the blue-chip gauge's intraday decline. Walgreens Boots's shares are down $2.08 (4.6%) while those of Walmart are down $5.14 (3.9%), combining for an approximately 48-point drag on the Dow. Also contributing significantly to the decline are Home Depot HD, Nike NKE, and McDonald's MCD. A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2022.
(END) Dow Jones Newswires
May 18, 2022 09:46 ET (13:46 GMT)
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