March 8, 2023

Merck, Chevron share losses lead Dow's 150-point fall

DOW UPDATE

Behind declines for shares of Merck and Chevron, the Dow Jones Industrial Average is falling Wednesday afternoon. The Dow was most recently trading 158 points lower (-0.5%), as shares of Merck and Chevron have contributed to the index’s intraday decline. Merck’s shares are down $3.32 (3.0%) while those of Chevron are off $2.33, or 1.4%, combining for an approximately 37-point drag on the Dow. Other components contributing significantly to the decline include Travelers McDonald’s and UnitedHealth A $1 move in any one of the 30 components of the benchmark equates to 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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