Investor Alert

Dow Update

July 9, 2020, 11:46 a.m. EDT

Walgreens Boots, Exxon Mobil share losses lead Dow's nearly 500-point drop

By MarketWatch Automation

The Dow Jones Industrial Average is in selloff mode Thursday morning with shares of Walgreens Boots and Exxon Mobil seeing the biggest losses for the price-weighted average. The Dow (DOW:DJIA) was most recently trading 495 points, or 1.9%, lower, as shares of Walgreens Boots (NAS:WBA) and Exxon Mobil (NYS:XOM) have contributed to the index's intraday decline. Walgreens Boots's shares are off $4.21, or 10.0%, while those of Exxon Mobil have dropped $1.71, or 4.0%, combining for a roughly 41-point drag on the Dow. Other components contributing significantly to the decline include Raytheon Technologies Corp. (NYS:RTX) , Chevron (NYS:CVX) , and UnitedHealth (NYS:UNH) . A $1 move in any of the Dow's 30 components results in a 6.86-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.

Link to MarketWatch's Slice.