Behind declines for shares of UnitedHealth and Merck, the Dow Jones Industrial Average is falling Friday afternoon. Shares of UnitedHealth
UNH,
and Merck
MRK,
have contributed to the index’s intraday decline, as the Dow
DJIA,
was most recently trading 159 points (0.5%) lower. UnitedHealth’s shares are off $31.48 (5.8%) while those of Merck are off $3.69 (3.6%), combining for a roughly 232-point drag on the Dow. Johnson & Johnson
JNJ,
Amgen
AMGN,
and Cisco
CSCO,
are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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