Merck, Johnson & Johnson Share Losses Lead Dow's 36-point Fall
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The Dow Jones Industrial Average is declining Monday afternoon with shares of Merck and Johnson & Johnson facing the biggest setback for the price-weighted average. The Dow was most recently trading 36 points, or 0.1%, lower, as shares of Merck (MRK) and Johnson & Johnson (JNJ) have contributed to the index's intraday decline. Merck's shares have declined $4.15, or 3.6%, while those of Johnson & Johnson have fallen $4.48, or 2.5%, combining for an approximately 57-point drag on the Dow. Also contributing significantly to the decline are Boeing (BA), Travelers (TRV), and Amgen (AMGN). A $1 move in any of the benchmark's 30 components equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 14:58 ET (19:58 GMT)
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