Caterpillar, Johnson & Johnson share losses lead the way, but Dow flat

This post was originally published on this site

© Marketwatch

DOW UPDATE

Video: PineBridge sees three headwinds for the rest of the year and into 2022 (CNBC)

PineBridge sees three headwinds for the rest of the year and into 2022
What to watch next

Behind losses for shares of Caterpillar and Johnson & Johnson, the Dow Jones Industrial Average is trading down Friday morning. The Dow was most recently trading 33 points, or 0.1%, lower, as shares of Caterpillar and Johnson & Johnson are contributing to the blue-chip gauge’s intraday decline. Caterpillar’s shares are off $3.21 (1.4%) while those of Johnson & Johnson have dropped $1.89, or 1.1%, combining for a roughly 34-point drag on the Dow. Also contributing significantly to the decline are Procter & Gamble Boeing and Amgen Inc. A $1 move in any one of the 30 components of the Dow results in a 6.58-point swing.

Continue Reading