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Stock impact report

Dow Jones Today: Johnson & Johnson Stock Slammed On Asbestos Report [Investor's Business Daily]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Related news Major stock indexes held sharp losses in afternoon trading Friday after industrial production and retail sales data out of China came in weaker than expected. In the Dow Jones today, Johnson & Johnson ( JNJ ) plunged 10% after Reuters reported the company knew asbestos in its baby powder for decades (for updates on this story and other market coverage, visit the Stock Market Today ). The Dow Jones industrial average was down 2.2%, weighed down by 3% to 4% drops for Cisco Systems ( CSCO ) and Walgreens Boot Alliance ( WBA ). The Nasdaq composite and S&P 500 each lost around 2%. Volume on the NYSE and Nasdaq was tracking close to Thursday's levels. Laggards in the Nasdaq 100 included Costco Wholesale ( COST ) and Adobe ( ADBE ). Shares of Costco were down 8.5% on an earnings miss. Adobe, meanwhile, shed nearly 7% after the cloud software giant issued a tepid earnings outlook for 2019. Starbucks ( SBUX ) also led declines among stocks in the Nasdaq 100 after the company low Show less Read more
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