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Behind losses for shares of Merck and Johnson & Johnson, the Dow Jones Industrial Average is down Monday morning. Shares of Merck (MRK) and Johnson & Johnson (JNJ) have contributed to the blue-chip gauge's intraday decline, as the Dow was most recently trading 102 points lower (-0.3%). Merck's shares have dropped $1.80, or 2.1%, while those of Johnson & Johnson are down $3.06 (1.8%), combining for a roughly 32-point drag on the Dow. Also contributing significantly to the decline are Amgen Inc. (AMGN), UnitedHealth (UNH), and Chevron (CVX). 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 September 19, 2022.
(END) Dow Jones Newswires
September 19, 2022 09:46 ET (13:46 GMT)
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