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IBM, UnitedHealth share losses contribute to Dow's 100-point drop

MarketWatch logo MarketWatch 1/6/2022 MarketWatch Automation
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DOW UPDATE

Video: Dow under pressure, stocks on pace for a losing week (Yahoo! Finance)

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Dragged down by negative returns for shares of IBM and UnitedHealth, the Dow Jones Industrial Average is down Thursday morning. Shares of IBM and UnitedHealth are contributing to the blue-chip gauge's intraday decline, as the Dow was most recently trading 103 points lower (-0.3%). IBM's shares have fallen $3.01 (2.2%) while those of UnitedHealth have fallen $9.93, or 2.0%, combining for a roughly 85-point drag on the Dow. Other components contributing significantly to the decline include Boeing Merck and Goldman Sachs A $1 move in any one of the 30 components of the index results in 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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