DJ Merck, Johnson & Johnson Share Losses Lead Dow's 180-Point Fall
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The Dow Jones Industrial Average is declining Wednesday morning with shares of Merck and Johnson & Johnson seeing the biggest losses for the price-weighted average.
The Dow (Dow Jones Industrial Average) was most recently trading 180 points, or 0.4%, lower, as shares of Merck (Merck & Co. Inc.) and Johnson & Johnson (Johnson & Johnson) are contributing to the blue-chip gauge's intraday decline.
Merck's shares have declined $2.12 (2.1%) while those of Johnson & Johnson are down $2.93, or 2.0%, combining for a roughly 31-point drag on the Dow.
Other components contributing significantly to the decline include Walt Disney (Walt Disney Co.), Boeing (Boeing Co.), and Home Depot (Home Depot Inc.).
A $1 move in any of the Dow's 30 components results in a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 09:53 ET (14:53 GMT)
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