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Friday, July 24, 2020

Dow's 75-point fall led by losses in Intel, Pfizer stocks - MarketWatch

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Behind declines for shares of Intel and Pfizer, the Dow Jones Industrial Average is falling Friday morning. Shares of Intel INTC, -15.91% and Pfizer PFE, -2.60% are contributing to the index's intraday decline, as the Dow DJIA, -0.66% was most recently trading 75 points, or 0.3%, lower. Intel's shares have dropped $8.87 (14.7%) while those of Pfizer have declined $0.94, or 2.5%, combining for an approximately 67-point drag on the Dow. Other components contributing significantly to the decline include Merck MRK, -2.05%, Apple Inc. AAPL, -1.10%, and Johnson & Johnson JNJ, -1.28%. A $1 move in any of the benchmark's 30 components equates to a 6.86-point swing.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

The Link Lonk


July 24, 2020 at 09:46PM
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Dow's 75-point fall led by losses in Intel, Pfizer stocks - MarketWatch

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