Merck, Travelers share losses lead Dow's 68-point drop



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DOW UPDATE

Shares of Merck and Travelers are seeing declines Wednesday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow was most recently trading 68 points (0.2%) lower, as shares of Merck and Travelers are contributing to the blue-chip gauge’s intraday decline. Merck’s shares have dropped $2.89, or 2.6%, while those of Travelers are down $2.43, or 1.4%, combining for an approximately 35-point drag on the Dow. Other components contributing significantly to the decline include Chevron McDonald’s and Verizon A $1 move in any of the index’s 30 components results in a 6.59-point swing.

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