Markets

Dow rallies 175 points on gains for Boeing, Microsoft shares

The Dow Jones Industrial Average is climbing Monday afternoon with shares of Boeing and Microsoft leading the way for the index. The Dow DJIA is trading 178 points higher (0.5%), as shares of Boeing BA and Microsoft MSFT are contributing around a third of the blue-chip gauge’s intraday rally. Boeing’s shares have risen $10.53 (5.1%) while those of Microsoft are up $7.90, or 2.1%, combining for an approximately 121-point boost for the Dow. Other components contributing significantly to the gain include Intel INTC, Walt Disney DIS, and Salesforce CRM. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point…

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This article was written by Follow Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment...

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