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Dragged down by losses for shares of Walgreens Boots and Walmart, the Dow Jones Industrial Average is in a selloff Wednesday morning. Shares of Walgreens Boots WBA and Walmart WMT are contributing to the blue-chip gauge's intraday decline, as the Dow DJIA was most recently trading 520 points (1.6%) lower. Walgreens Boots's shares have dropped $2.86 (6.4%) while those of Walmart are off $6.72 (5.1%), combining for a roughly 63-point drag on the Dow. McDonald's MCD, Coca-Cola KO, and Home Depot HD 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.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2022.
(END) Dow Jones Newswires
May 18, 2022 10:47 ET (14:47 GMT)
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