Salesforce, McDonald's Share Gains Lead Dow's Nearly 175-point Jump
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Shares of Salesforce and McDonald's are trading higher Thursday afternoon, propelling the Dow Jones Industrial Average into positive territory. The Dow was most recently trading 172 points higher (0.5%), as shares of Salesforce (CRM) and McDonald's (MCD) have contributed about 50% of the blue-chip gauge's intraday rally. Salesforce's shares are up $19.83 (11.9%) while those of McDonald's have risen $4.14 (1.6%), combining for a roughly 158-point boost for the Dow. Boeing (BA), Procter & Gamble (PG), and Coca-Cola (KO) are also contributing significantly to the gain. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 2, 2023.
(END) Dow Jones Newswires
March 02, 2023 13:36 ET (18:36 GMT)
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