Merck, Pfizer stock gains on earnings beats would add 23 points to the Dow’s price

Shares of Merck & Co. Inc.

MRK, -0.07%

and Pfizer Inc.

PFE, +1.39%

rallied in premarket trading Tuesday after earnings beats, and were the best performers among Dow Jones Industrial Average

DJIA, +0.49%

components, but not enough to lift the Dow into positive territory. Merck’s stock rose 2.7% after profit and revenue beats and raised outlook, and the implied price gain suggests a 15-point boost to the Dow’s price. Pfizer shares climbed 3.2% after an earnings beat and raised outlook, with the implied price gain adding about 8 points to the Dow. Despite the combined boost to the Dow of 23 points, but Dow futures

YMZ19, -0.16%

fell 42 points, as 20 of 30 components traded lower ahead of the open.

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