Merck, Salesforce Inc. share losses contribute to Dow's 100-point drop
Posted On July 28, 2022
Behind losses for shares of Merck and Salesforce Inc., the Dow Jones Industrial Average is falling Thursday morning. The Dow
was most recently trading 104 points, or 0.3%, lower, as shares of Merck
and Salesforce Inc.
are contributing to the blue-chip gauge’s intraday decline. Merck’s shares have dropped $3.00, or 3.3%, while those of Salesforce Inc. have declined $4.02 (2.2%), combining for a roughly 46-point drag on the Dow. Also contributing significantly to the decline are Amgen Inc.
and Home Depot
A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.