Dow Falls Nearly 750 Points On Losses In Shares Of Walgreens Boots, Walmart
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The Dow Jones Industrial Average is slumping Wednesday morning with shares of Walgreens Boots and Walmart facing the biggest drops for the price-weighted average. Shares of Walgreens Boots WBA and Walmart WMT are contributing to the index's intraday decline, as the Dow DJIA was most recently trading 745 points lower (-2.3%). Walgreens Boots's shares are off $3.00, or 6.7%, while those of Walmart have fallen $8.69 (6.6%), combining for an approximately 77-point drag on the Dow. Other components contributing significantly to the decline include Coca-Cola KO, Home Depot HD, and Procter & Gamble PG. A $1 move in any of the index's 30 components 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 11:48 ET (15:48 GMT)
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