Merck, Caterpillar share losses contribute to Dow's 75-point drop

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Shares of Merck and Caterpillar are trading lower Thursday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow DJIA, +0.24% was most recently trading 76 points, or 0.2%, lower, as shares of Merck MRK, -5.25% and Caterpillar CAT, -3.11% are contributing to the index’s intraday decline. Merck’s shares have declined $4.21 (5.5%) while those of Caterpillar are down $7.84 (3.4%), combining for a roughly 79-point drag on the Dow. Microsoft MSFT, -1.44%, Salesforce.com Inc. CRM, -1.04%, and Amgen Inc. AMGN, -1.56% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the benchmark results in a 6.58-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.