{"id":10669,"date":"2023-05-18T20:35:23","date_gmt":"2023-05-19T00:35:23","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/dows-85-point-drop-led-by-losses-for-shares-of-procter-gamble-unitedhealth\/"},"modified":"2023-05-18T20:35:24","modified_gmt":"2023-05-19T00:35:24","slug":"dows-85-point-drop-led-by-losses-for-shares-of-procter-gamble-unitedhealth","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=10669","title":{"rendered":"Dow’s 85-point drop led by losses for shares of Procter & Gamble, UnitedHealth"},"content":{"rendered":"
\n

Shares of Procter & Gamble and UnitedHealth are retreating Thursday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow
\n DJIA,
\n +0.34%<\/bg-quote>
\n was most recently trading 85 points lower (-0.3%), as shares of Procter & Gamble
\n PG,
\n -1.64%<\/bg-quote>
\n and UnitedHealth
\n UNH,
\n -1.15%<\/bg-quote>
\n 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
\n MRK,
\n -0.66%<\/bg-quote>,<\/span>
\n Amgen
\n AMGN,
\n -0.35%<\/bg-quote>,<\/span>
\n and Walgreens Boots
\n WBA,
\n -0.32%<\/bg-quote>.<\/span>
\n A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-10669","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nDow's 85-point drop led by losses for shares of Procter & Gamble, UnitedHealth | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Shares of Procter & Gamble and UnitedHealth are retreating Thursday afternoon, dragging the Dow Jones Industrial Average into negative territory. 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