Dow Today: Merck (MRK) Higher

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The Dow Jones Industrial Average ( ^DJI) is trading up 52 points (+0.3%) at 17,128 as of Tuesday, Aug 26, 2014, 12:36 p.m. ET. During this time, 95.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 299.6 million. The NYSE advances/declines ratio sits at 1,998 issues advancing vs. 975 declining with 164 unchanged.
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The Dow component leading the way higher looks to be Merck (NYSE: MRK), which is sporting a 59-cent gain (+1%) bringing the stock to $60.32. This single gain is lifting the Dow Jones Industrial Average by 4.47 points or roughly accounting for 8.6% of the Dow's overall gain. Volume for Merck currently sits at five million shares traded vs. an average daily trading volume of 8.2 million shares.

Merck has a market cap of $170.68 billion and is part of the health care sector and drugs industry. Shares are up 19.3% year-to-date as of Monday's close. The stock's dividend yield sits at 3%.

Merck & Co., Inc. provides various health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products worldwide.

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