Dragged down by losses for shares of Apple and Merck, the Dow Jones Industrial Average is trading down Tuesday afternoon. The Dow
DJIA,
was most recently trading 65 points (0.2%) lower, as shares of Apple
AAPL,
and Merck
MRK,
are contributing to the blue-chip gauge’s intraday decline. Apple’s shares have dropped $3.01, or 2.0%, while those of Merck have declined $1.62, or 1.6%, combining for a roughly 31-point drag on the Dow. UnitedHealth
UNH,
Johnson & Johnson
JNJ,
and Microsoft
MSFT,
are also contributing significantly to the decline. A $1 move in any of the benchmark’s 30 components 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.