Markets

Dow’s nearly 250-point fall led by losses in shares of Amgen, Home Depot

1 Mins read

Shares of Amgen and Home Depot are posting losses Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Amgen
AMGN,
-3.37%
and Home Depot
HD,
-2.72%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.65%
was most recently trading 243 points (0.7%) lower. Amgen’s shares are off $9.09 (3.3%) while those of Home Depot are down $7.73 (2.6%), combining for an approximately 111-point drag on the Dow. Other components contributing significantly to the decline include Nike
NKE,
-2.18%,
Merck
MRK,
-1.93%,
and Walgreens Boots
WBA,
-2.62%.
A $1 move in any of the index’s 30 components equates to a 6.59-point swing.

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