Dow Climbs 250 Points On Gains In Intel, Microsoft Stocks
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Led by strong returns for shares of Intel and Microsoft, the Dow Jones Industrial Average is climbing Thursday afternoon. Shares of Intel (INTC) and Microsoft (MSFT) are contributing about a quarter of the index's intraday rally, as the Dow is trading 252 points, or 0.8%, higher. Intel's shares are up $1.49, or 5.2%, while those of Microsoft are up $10.56, or 4.0%, combining for an approximately 79-point boost for the Dow. Other components contributing significantly to the gain include Travelers (TRV), Boeing (BA), and JPMorgan Chase (JPM). A $1 move in any of the index's 30 components equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 12:56 ET (16:56 GMT)
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