Amgen, Merck Share Losses Contribute To Dow's 262-Point Drop

Dow Jones
09 Apr

DJ Amgen, Merck Share Losses Contribute To Dow's 262-Point Drop

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Dow Jones Industrial Average is declining Wednesday morning with shares of Amgen and Merck seeing the biggest losses for the price-weighted average.

Shares of Amgen (Amgen Inc.) and Merck (Merck & Co. Inc.) have contributed to the index's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 262 points lower (-0.7%).

Amgen's shares are off $9.82, or 3.5%, while those of Merck have fallen $2.64 (3.3%), combining for a roughly 77-point drag on the Dow.

Also contributing significantly to the decline are Johnson & Johnson (Johnson & Johnson), Goldman Sachs (Goldman Sachs Group Inc.), and Verizon (Verizon Communications Inc.).

A $1 move in any one of the 30 components of the index equates to a 6.15-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.

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April 09, 2025 10:56 ET (14:56 GMT)

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