Powered by strong returns for shares of Salesforce and Microsoft, the Dow Jones Industrial Average is climbing Friday morning. Shares of Salesforce
CRM,
+2.76%
and Microsoft
MSFT,
+0.47%
are contributing about 25% of the index’s intraday rally, as the Dow
DJIA,
+0.13%
is trading 97 points, or 0.3%, higher. Salesforce’s shares are up $8.14 (3.9%) while those of Microsoft are up $3.77 (1.2%), combining for an approximately 78-point boost for the Dow. Also contributing significantly to the gain are Visa
V,
+0.23%,
IBM
IBM,
+0.66%,
and Apple
AAPL,
+0.22%.
A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Read the full article here