Dow’s 475-point rally highlighted by gains for shares of Walt Disney, Apple Inc.

Dow’s 475-point rally highlighted by gains for shares of Walt Disney, Apple Inc.

The Dow Jones Industrial Average is rallying Wednesday afternoon with shares of Walt Disney and Apple Inc. seeing positive momentum for the price-weighted average.

Shares of Walt Disney DIS, +4.12% and Apple Inc. AAPL, +3.82% are contributing to the blue-chip gauge’s intraday rally, as the Dow DJIA, +1.29% is trading 478 points, or 1.5%, higher. Walt Disney’s shares are up $4.62 (4.4%) while those of Apple Inc. have gained $6.26 (3.9%), combining for an approximately 72-point bump for the Dow. Other components contributing significantly to the gain include Salesforce Inc. CRM, +3.19%, Microsoft MSFT, +2.78%, and Nike NKE, +2.25%. A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.

 

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