Risk-off sentiment pushes Merck to 1.1% loss today

A quick look at today: the pharmaceutical and vaccine products provider has recovered almost all of its session losses after dipping down to $110.65 today.

Highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%. Highly important Pending Home Sales data from United States beat analyst expectations of 0.5% with a reading of 0%.

Amid the market gloom, United States Core PCE Price Index (MoM) (Apr) released today at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3.

Merck was not the only decliner in the health care sector; Medtronic went down to $81.46, losing 2.49% after it closed at $83.54 today. Bristol-Myers Squibb Company went down 1.15%, closed at $64.56.

On the other hand, positive performances could be seen by looking at other health care stocks as Astrazeneca PLC was up 1.02%.

Over the past 18 days, the global healthcare company has retreated 5.14% from a noteworthy peak of $118.38.