Dow Jumps 216 Points On Gains In Shares Of Cisco, Salesforce Inc.
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Shares of Cisco and Salesforce Inc. are posting strong returns Friday morning, sending the Dow Jones Industrial Average into positive territory. The Dow DJIA was most recently trading 216 points, or 0.7%, higher, as shares of Cisco CSCO and Salesforce Inc. CRM have contributed to the blue-chip gauge's intraday rally. Cisco's shares are up $1.18 (2.8%) while those of Salesforce Inc. are up $4.30, or 2.8%, combining for a roughly 36-point boost for the Dow. Nike NKE, Visa V, and Microsoft MSFT are also contributing significantly to the gain. A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 20, 2022.
(END) Dow Jones Newswires
May 20, 2022 09:46 ET (13:46 GMT)
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