DJ Merck, Amgen Share Losses Lead Dow's 168-Point Drop
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The Dow Jones Industrial Average is trading down Friday morning with shares of Merck and Amgen seeing the biggest declines for the price-weighted average.
Shares of Merck (Merck & Co. Inc.) and Amgen (Amgen Inc.) are contributing to the blue-chip gauge's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 168 points, or 0.4%, lower.
Merck's shares have fallen $3.40 (3.5%) while those of Amgen have dropped $10.23 (3.5%), combining for a roughly 84-point drag on the Dow.
Also contributing significantly to the decline are undefined (Amazon.com Inc.), undefined (NVIDIA Corp.), and Microsoft (Microsoft Corp.).
A $1 move in any one of the 30 components of the Dow equates to a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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
November 15, 2024 09:45 ET (14:45 GMT)
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