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Amgen, Salesforce Share Gains Contribute To Dow's Nearly 500-point Rally

11:47 am ET November 8, 2022 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Behind positive growth for shares of Amgen and Salesforce, the Dow Jones Industrial Average is rallying Tuesday morning. Shares of Amgen (AMGN) and Salesforce (CRM) have contributed to the blue-chip gauge's intraday rally, as the Dow was most recently trading 497 points, or 1.5%, higher. Amgen's shares have climbed $17.45, or 6.3%, while those of Salesforce are up $6.19, or 4.3%, combining for a roughly 156-point boost for the Dow. Other components contributing significantly to the gain include Boeing (BA), American Express (AXP), and Nike (NKE). A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.

	

(END) Dow Jones Newswires

November 08, 2022 11:47 ET (16:47 GMT)

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