Markets

Intel, American Express share gains lead Dow’s 368-point rally

Shares of Intel and American Express are seeing strong returns Friday afternoon, propelling the Dow Jones Industrial Average rally. The Dow
DJIA,
+1.11%
was most recently trading 368 points higher (1.1%), as shares of Intel
INTC,
+5.38%
and American Express
AXP,
+4.63%
have contributed to the blue-chip gauge’s intraday rally. Intel’s shares have climbed $1.33, or 4.8%, while those of American Express are up $6.60, or 4.4%, combining for a roughly 52-point bump for the Dow. Salesforce
CRM,
+2.71%,
Goldman Sachs
GS,
+2.37%,
and Microsoft
MSFT,
+2.05%
are also contributing significantly to the gain. A $1 move in any of the Dow’s 30 components equates to a 6.59-point swing.

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This article was written by Follow Dilantha De Silva is an experienced equity analyst and investment researcher with over 10 years in the investment...

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