Dow’s 50-point fall led by losses in Procter & Gamble, Merck stocks

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The Dow Jones Industrial Average is providing the hardest headwinds for the index, with shares of Procter & Gamble and Merck falling on Wednesday afternoon. Shares of Procter & Gamble PG,
-2.21%
and Merck MRK,
-1.39%
Dow contributed to intraday decline of blue-chip gauge as DJIA,
-0.29%
It was trading 57 points (0.2%) lower recently. Shares of Procter & Gamble are down $3.16 (2.1%), while shares of Merck are down $1.24, or 1.3%, combining for a nearly 29-point drag on the Dow. Also a significant contributor to the decline was Honeywell International Inc. Honorable,
-1.41%,
3m mmm,
-1.17%,
and Walmart WMT,
-1.17%,
A $1 move in any of the Dow’s 30 components leads to a 6.59-point swing.

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Editor’s note: This story was auto generated by automatic insight, an automation technology provider, uses data from the Dow Jones and FactSet. See our Market Data Terms of Use.

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Credit: www.marketwatch.com /

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