Shares of fast-food giant and pharmacy chain drag down index

  • Dow Jones Industrial Average down 219 points
  • Shares of McDonald’s and Walgreens Boots leading the decline
  • McDonald’s shares down 3.7%, Walgreens Boots down 2.5%
  • Contributing to the decline: 3M, Verizon, and Boeing
  • Each $1 move in a component results in a 6.59-point swing

The Dow Jones Industrial Average is down 219 points (-0.6%) as shares of McDonald’s and Walgreens Boots lead the decline. McDonald’s shares have fallen 3.7% while Walgreens Boots are down 2.5%, resulting in a combined 76-point drag on the Dow. Other contributors to the decline include 3M, Verizon, and Boeing. Each $1 move in any of the 30 components of the benchmark results in a 6.59-point swing.

Public Companies: McDonald’s (MCD), Walgreens Boots (WBA), 3M (MMM), Verizon (VZ), Boeing (BA)
Private Companies:
Key People:

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Factuality Level: 8
Justification: The article provides factual information about the performance of the Dow Jones Industrial Average and the contributing factors to its decline. It includes specific data on the percentage decrease of shares for McDonald’s and Walgreens Boots, as well as the impact on the index. The article also mentions other companies contributing to the decline. The source of the article is mentioned, and it is stated that the story was auto-generated using data from Dow Jones and FactSet.

Noise Level: 3
Justification: The article provides information on the decline of the Dow Jones Industrial Average and the specific companies contributing to the decline. However, it lacks thoughtful analysis, scientific rigor, and actionable insights. It also includes repetitive information and irrelevant details about the automation technology provider. Overall, the article contains some relevant information but lacks depth and substance.

Financial Relevance: Yes
Financial Markets Impacted: The article provides information about the Dow Jones Industrial Average and the performance of specific companies such as McDonald’s, Walgreens Boots, 3M, Verizon, and Boeing.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article focuses on the performance of specific companies and the overall decline of the Dow Jones Industrial Average. There is no mention of any extreme events or significant impacts on financial markets or companies.

Reported publicly: www.marketwatch.com