Dow's 275-Point Rally Led By Gains In IBM, Salesforce Stocks

Dow Jones07-25

DJ Dow's 275-Point Rally Led By Gains In IBM, Salesforce Stocks

This article was automatically generated by MarketWatch using technology from Automated Insights.

Buoyed by strong returns for shares of IBM and Salesforce, the Dow Jones Industrial Average is climbing Thursday morning.

The Dow (Dow Jones Industrial Average) was most recently trading 276 points (0.7%) higher, as shares of IBM (International Business Machines Corp.) and Salesforce (Salesforce Inc.) have contributed to the blue-chip gauge's intraday rally.

IBM's shares have climbed $6.83, or 3.7%, while those of Salesforce have risen $6.32 (2.5%), combining for an approximately 86-point boost for the Dow.

Cisco (Cisco Systems Inc.), Johnson & Johnson (Johnson & Johnson), and Caterpillar (Caterpillar Inc.) are also contributing significantly to the gain.

A $1 move in any one of the 30 components of the index 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 11:13 ET (15:13 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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