Why the Market Dipped But Merck (MRK) Gained Today

The latest trading session saw Merck (MRK) ending at $114.77, denoting a +1.35% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.8%. On the other hand, the Dow registered a loss of 0.76%, and the technology-centric Nasdaq decreased by 1.18%.Coming into today, shares of the pharmaceutical company had gained 6.6% in the past month. In that same time, the Medical sector gained 5.8%, while the S&P 500 gained 3.4%.The investment community will be closely monitoring the perfo ...