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Shares of Merck and Johnson & Johnson are posting losses Monday morning, dragging the Dow Jones Industrial Average into negative territory. 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 46 points lower (-0.1%). Merck's shares are off $1.51, or 1.7%, while those of Johnson & Johnson have dropped $2.37, or 1.4%, combining for a roughly 26-point drag on the Dow. Also contributing significantly to the decline are Walgreens Boots (WBA), Verizon Communications Inc. (VZ), and Microsoft (MSFT). A $1 move in any one of the 30 components of the index 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 11:47 ET (15:47 GMT)
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