Dow’s nearly 225-point drop caused by losses of Johnson & Johnson shares, 3M

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Shares of Johnson & Johnson and 3M traded lower on Friday morning, sending the Dow Jones Industrial Average into negative territory. Shares of Johnson & Johnson JNJ,
-3.56%
and 3M MMM,
-4.23%
have contributed to the intraday decline in the index, as the Dow DJIA,
-2.03%
recently traded 224 points (0.7%) lower. Shares of Johnson & Johnson fell $ 4.77 (2.8%), while those of $ 3 million fell $ 4.60, or 2.5%, combined with a drag of approximately 62 points to the Dow. Other components that contribute significantly to the decline are Chevron CVX,
-4.29%,
Apple Inc. AAPL,
-3.74%,
and TRV Travelers,
-2.64%.
A $ 1 move on any of the 30 components of the Dow equals a 6.58-point swing.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. Consult the conditions of use of our market data.

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