Johnson & Johnson (JNJ) said today it is recalling some of its Tylenol Cold Multi-Symptom products because of the labeling. J&J said the labels did not properly list the alcohol content in the products, and there have been no risks reported from use of the products. The company recalled children’s Benadryl and Motrin earlier in the week.
At 14.42% of the fund, Johnson & Johnson (JNJ) is the top holding of the Health Care Select Sector SPDR Fund (XLV). Pfizer (PFE) is the second-largest holding in the fund at 11.06% of the portfolio, followed by Merck (MRK) at 8.91% On the day, XLV is higher by about 0.9% despite the the recall by Johnson & Johnson.
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