Walgreens Drags On Dow Jones

Credit: Wochit
Published on April 2, 2019 - Duration: 00:38s

Walgreens Drags On Dow Jones

According to Reuters, the Dow Jones snapped a three-day streak of gains.

By the afternoon on April 2nd, the Dow Jones Industrial Average dropped almost half a percent falling to 26,151, losing about 107-points.

The S&P 500 was also trading lower, shedding about 4-points during morning trading.

The Nasdaq Composite managed to make some gains, rising about 5-points.

On the day, Walgreens Boots Alliance dragged the most on the Dow Jones.

Walgreens shares fell over 12-percent after the company cut its 2019 profit growth forecast.

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