Dow up 525 points on gains in Microsoft, Salesforce Inc. stocks

Dow up 525 points on gains in Microsoft, Salesforce Inc. stocks

Shares of Microsoft and Salesforce Inc. are seeing positive momentum Wednesday afternoon, propelling the Dow Jones Industrial Average rally.

The Dow DJIA, +1.37% was most recently trading 524 points, or 1.7%, higher, as shares of Microsoft MSFT, +6.69% and Salesforce Inc. CRM, +5.77% are contributing to the blue-chip gauge’s intraday rally. Microsoft’s shares have gained $16.62, or 6.6%, while those of Salesforce Inc. are up $11.24, or 6.6%, combining for a roughly 184-point boost for the Dow. Other components contributing significantly to the gain include Walt Disney DIS, +3.73%, Walmart WMT, +3.78%, and Apple Inc. AAPL, +3.42%. A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.

 

Share:
error: Content is protected !!