Amgen, Microsoft Share Gains Contribute To Dow's Nearly 100-point Climb

Clough Global Dividend and Income Fund

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GLV Clough Global Dividend and Income Fund

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RPHM Reneo Pharmaceuticals Inc

DFSU Dimensional US Sustainability Core 1 ETF

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Clough Global Dividend and Income Fund (the Fund) is a closed-end management investment company. The Fund's investment objective is to provide a high level of total return. It seeks to invest at least 80% of its net assets, including any borrowings for investment purposes, in equity securities in both United States and non-United States markets. It invests in a managed mix of equity and debt securities. The Fund may not invest more than 33% of its total assets in securities (including equity and fixed income securities) of governments and companies in emerging markets. The Fund also invest a portion of its assets in real estate investment trusts (REITs). It may not invest more than 10% of its total assets in debt securities rated below investment grade. In addition to shorting to hedge equity risk, the Fund may utilize instruments including, exchange traded funds (ETFs), derivative positions and U.S. Treasury securities. The Fund's investment advisor is Clough Capital Partners L.P.

Amgen, Microsoft Share Gains Contribute To Dow's Nearly 100-point Climb

1:54 pm ET March 13, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Dow Jones Industrial Average is up Monday afternoon with shares of Amgen and Microsoft seeing positive momentum for the price-weighted average. Shares of Amgen (AMGN) and Microsoft (MSFT) have contributed to the blue-chip gauge's intraday rally, as the Dow was most recently trading 98 points higher (0.3%). Amgen's shares have climbed $6.65 (2.9%) while those of Microsoft have climbed $7.08, or 2.9%, combining for a roughly 90-point boost for the Dow. Also contributing significantly to the gain are Coca-Cola (KO), Apple (AAPL), and Johnson & Johnson (JNJ). A $1 move in any of the Dow's 30 components equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

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March 13, 2023 13:54 ET (17:54 GMT)