DJ IBM, Amgen Share Gains Lead Dow's Nearly 175-Point Climb
This article was automatically generated by MarketWatch using technology from Automated Insights.
The Dow Jones Industrial Average is up Thursday morning with shares of IBM and Amgen leading the way for the index.
The Dow (Dow Jones Industrial Average) was most recently trading 172 points (0.4%) higher, as shares of IBM (International Business Machines Corp.) and Amgen (Amgen Inc.) have contributed about a quarter of the blue-chip gauge's intraday rally.
IBM's shares are up $7.94 (4.3%) while those of Amgen are up $8.29, or 2.5%, combining for an approximately 107-point bump for the Dow.
Other components contributing significantly to the gain include Verizon (Verizon Communications Inc.), Salesforce (Salesforce Inc.), and Cisco (Cisco Systems Inc.).
A $1 move in any of the index's 30 components equates to a 6.57-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled July 25, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
July 25, 2024 09:55 ET (13:55 GMT)
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