Dow Jumps Nearly 100 Points On Gains In Merck, Johnson & Johnson Stocks

Johnson & Johnson

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Health Care : Pharmaceuticals | Large Cap Blend

Company profile

Johnson & Johnson is a diversified healthcare products company. The Company is engaged in the research and development, manufacture and sale of a range of products in the healthcare field. It operates through three segments: Consumer Health, Pharmaceutical and MedTech. Its primary focus is products related to human health and well-being. The Consumer Health segment includes a range of products that is focused on personal healthcare used in the skin health/beauty, over-the-counter medicines, baby care, oral care, women’s health and wound care markets. The Pharmaceutical segment is focused on six therapeutic areas: Immunology, Infectious Diseases, Neuroscience, Oncology, Cardiovascular and Metabolism and Pulmonary Hypertension. The MedTech segment includes a range of products used in the interventional solutions, orthopaedics, surgery, and vision fields. Its geographic area includes the United States, Europe, Western Hemisphere (excluding the United States), and Africa, Asia and Pacific.

Dow Jumps Nearly 100 Points On Gains In Merck, Johnson & Johnson Stocks

12:18 pm ET November 14, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Buoyed by positive gains for shares of Merck and Johnson & Johnson, the Dow Jones Industrial Average is climbing Monday afternoon. Shares of Merck (MRK) and Johnson & Johnson (JNJ) are contributing to the index's intraday rally, as the Dow is trading 95 points (0.3%) higher. Merck's shares have climbed $3.28 (3.4%) while those of Johnson & Johnson have risen $3.09, or 1.8%, combining for an approximately 42-point boost for the Dow. Other components contributing significantly to the gain include IBM (IBM), Amgen (AMGN), and Intel (INTC). 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 November 14, 2022.

(END) Dow Jones Newswires

November 14, 2022 12:18 ET (17:18 GMT)