By Karen Langley
One big reason the Dow Jones Industrial Average slipped Tuesday had little to do with tariffs.
Johnson & Johnson's stock tumbled 6.5% after a bankruptcy judge dismissed an attempt by the healthcare-products company to resolve its mass talc liabilities through chapter 11.
That weighed on the 30-stock Dow. J&J's decline recently clipped more than 60 points from the blue-chip average, according to Dow Jones Market Data, accounting for a big chunk of its pullback.
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(END) Dow Jones Newswires
April 01, 2025 14:32 ET (18:32 GMT)
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