Dow’s nearly 125-point drop led by losses in Merck, Apple Inc. stocks

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The Dow Jones Industrial Average is falling Monday afternoon with shares of Merck and Apple Inc. delivering the stiffest headwinds for the blue-chip average. The Dow DJIA,
-0.24%
was most recently trading 120 points lower (-0.4%), as shares of Merck MRK,
-2.14%
and Apple Inc. AAPL,
-1.74%
are contributing to the blue-chip gauge’s intraday decline. Merck’s shares are off $1.87, or 2.0%, while those of Apple Inc. have dropped $2.89, or 1.9%, combining for an approximately 31-point drag on the Dow. Also contributing significantly to the decline are Johnson & Johnson JNJ,
-1.69%,
Amgen Inc. AMGN,
-1.71%,
and Verizon Communications Inc. VZ,
-1.16%,
A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.

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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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Credit: www.marketwatch.com /

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