Johnson & Johnson, Procter & Gamble share losses lead Dow’s nearly 100-point drop

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Shares of Johnson & Johnson and Procter & Gamble are trading lower on Thursday morning, dragging the Dow Jones Industrial Average into negative territory. Dow DJIA,
-1.15%
Most recently as shares of Johnson & Johnson JNJ were trading 96 points or 0.3% lower,
-1.94%
and Procter & Gamble PG,
-2.12%
contributed to the index’s intraday decline. Shares of Johnson & Johnson are down $2.13, or 1.3%, while Procter & Gamble shares are down $1.46 (1.1%), combining for a nearly 24-point drag on the Dow. Other factors contributing significantly to the decline include Merck MRK,
-1.09%,
My Coca-Cola
-2.15%,
and IBM IBM,
-2.79%,
A $1 move in any of the benchmark’s 30 components results in 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.

Credit: www.marketwatch.com /

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