Dow’s 100-point rally led by gains in Microsoft, Intel stocks

Dow’s 100-point rally led by gains in Microsoft, Intel stocks


Published: Nov. 1, 2023 at 12:03 p.m. ET

Powered by strong returns for shares of Microsoft and Intel, the Dow Jones Industrial Average is climbing Wednesday afternoon. The Dow DJIA was most recently trading 103 points (0.3%) higher, as shares of Microsoft MSFT and Intel INTC are contributing to the blue-chip gauge’s intraday rally. Microsoft’s shares are up $6.60, or 2.0%, while those of Intel are up $0.59 (1.6%), combining for an approximately 47-point boost for the Dow. Other components contributing significantly to the gain include Boeing BA, Visa V, and Merck MRK. A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.

Powered by strong returns for shares of Microsoft and Intel, the Dow Jones Industrial Average is climbing Wednesday afternoon. The Dow

DJIA

was most recently trading 103 points (0.3%) higher, as shares of Microsoft

MSFT

and Intel

INTC

are contributing to the blue-chip gauge’s intraday rally. Microsoft’s shares are up $6.60, or 2.0%, while those of Intel are up $0.59 (1.6%), combining for an approximately 47-point boost for the Dow. Other components contributing significantly to the gain include Boeing

BA

,
Visa

V

,
and Merck

MRK

.
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.



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