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Market Watch

Salesforce, Visa share gains contribute to Dow's nearly 150-point jump

Powered by strong returns for shares of Salesforce and Visa, the Dow Jones Industrial Average is trading up Monday afternoon. Shares of Salesforce CRM, +2.83% and Visa V, +2.13% have contributed about 25% of…

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Salesforce, Visa share gains contribute to Dow's nearly 150-point jump

From the Equity Insider archive. This article dates from Jan 29, 2024 and is preserved as first published.

Powered by strong returns for shares of Salesforce and Visa, the Dow Jones Industrial Average is trading up Monday afternoon. Shares of Salesforce CRM, +2.83% and Visa V, +2.13% have contributed about 25% of the blue-chip gauge’s intraday rally, as the Dow DJIA, +0.59% is trading 141 points higher (0.4%).

Powered by strong returns for shares of Salesforce and Visa, the Dow Jones Industrial Average is trading up Monday afternoon.

Salesforce’s shares have risen $6.80, or 2.4%, while those of Visa have risen $6.09, or 2.3%, combining for a roughly 85-point bump for the Dow. Also contributing significantly to the gain are Walt Disney DIS, +2.23%, Microsoft MSFT, +1.43%, and Caterpillar CAT, +1.28%. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.

 

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