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Dow’s 85-point drop led by losses for shares of Procter & Gamble, UnitedHealth

Shares of Procter & Gamble and UnitedHealth are retreating Thursday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow
DJIA,
+0.34%
was most recently trading 85 points lower (-0.3%), as shares of Procter & Gamble
PG,
-1.64%
and UnitedHealth
UNH,
-1.15%
have contributed to the blue-chip gauge’s intraday decline. Procter & Gamble’s shares have dropped $3.39, or 2.2%, while those of UnitedHealth have fallen $9.14 (1.9%), combining for a roughly 83-point drag on the Dow. Also contributing significantly to the decline are Merck
MRK,
-0.66%,
Amgen
AMGN,
-0.35%,
and Walgreens Boots
WBA,
-0.32%.
A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.

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