Dow's nearly 175-point fall led by losses in shares of Chevron, Walmart

Shares of Chevron and Walmart are trading lower Friday afternoon, dragging the Dow Jones Industrial Average into negative territory. Shares of Chevron
CVX,
-3.19%
and Walmart
WMT,
-2.33%
are contributing to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.90%
was most recently trading 172 points (0.5%) lower. Chevron’s shares have fallen $5.08 (2.9%) while those of Walmart have fallen $3.07 (2.1%), combining for an approximately 54-point drag on the Dow. Also contributing significantly to the decline are Amgen
AMGN,
-2.42%,
Nike
NKE,
-1.74%,
and Merck
MRK,
-1.87%.
A $1 move in any of the Dow’s 30 components 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.

December 9, 2022 admin

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