Behind declines for shares of UnitedHealth and Merck, the Dow Jones Industrial Average is declining Thursday afternoon. Shares of UnitedHealth
UNH,
-5.70%
and Merck
MRK,
-3.63%
have contributed to the index’s intraday decline, as the Dow
DJIA,
-0.63%
was most recently trading 86 points (0.3%) lower. UnitedHealth’s shares have declined $25.46 (5.1%) while those of Merck are off $4.84 (4.5%), combining for an approximately 200-point drag on the Dow. Other components contributing significantly to the decline include Travelers
TRV,
-2.73%,
Amgen
AMGN,
-0.74%,
and Coca-Cola
KO,
-1.79%.
A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.
