February 23, 2023

Merck, Chevron share gains lead the way, but Dow flat

DOW UPDATE

Despite strong returns for shares of Merck and Chevron, the Dow Jones Industrial Average is essentially flat Thursday morning. The Dow most recently, was trading 24 points, or 0.1%, higher, as shares of Merck and Chevron account for 5% of the blue-chip gauge’s intraday movement. Merck’s shares have risen $1.25, or 1.2%, while those of Chevron are up $1.50 (0.9%), combining for a roughly 18-point boost for the Dow. A $1 move in any one of the 30 components of the benchmark equates to 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.

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