Dow Falls Nearly 75 Points On Losses For Shares Of Merck, Microsoft
This article was automatically generated by MarketWatch using technology from Automated Insights.
Dragged down by negative returns for shares of Merck and Microsoft, the Dow Jones Industrial Average is declining Wednesday morning. The Dow was most recently trading 74 points lower (-0.2%), as shares of Merck (MRK) and Microsoft (MSFT) have contributed to the index's intraday decline. Merck's shares are off $1.63, or 1.5%, while those of Microsoft are off $2.42, or 1.0%, combining for a roughly 27-point drag on the Dow. Also contributing significantly to the decline are Verizon (VZ), McDonald's (MCD), and Walmart (WMT). A $1 move in any of the Dow's 30 components equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 08, 2023 10:01 ET (15:01 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.