February 17, 2023

Dow's 60-point jump led by gains for Amgen, Merck stocks

Shares of Amgen and Merck are trading higher Friday afternoon, sending the Dow Jones Industrial Average into positive territory. Shares of Amgen
AMGN,
+2.66%
and Merck
MRK,
+2.58%
are contributing to the index’s intraday rally, as the Dow
DJIA,
+0.36%
is trading 60 points (0.2%) higher. Amgen’s shares are up $6.10 (2.6%) while those of Merck have risen $2.38, or 2.2%, combining for an approximately 56-point boost for the Dow. Other components contributing significantly to the gain include Johnson & Johnson
JNJ,
+2.28%,
UnitedHealth
UNH,
+2.12%,
and Travelers
TRV,
+1.78%.
A $1 move in any one of the 30 components of the index results in 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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