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Home Markets

Dow rallies 325 points on gains for shares of Salesforce, American Express

by author
October 18, 2022
in Markets
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The Dow Jones Industrial Average is rallying Tuesday afternoon with shares of Salesforce and American Express delivering the strongest returns for the price-weighted average. The Dow
DJIA,
+1.12%
is trading 326 points, or 1.1%, higher, as shares of Salesforce
CRM,
+4.40%
and American Express
AXP,
+3.27%
are contributing about a quarter of the blue-chip gauge’s intraday rally. Salesforce’s shares have risen $6.67, or 4.5%, while those of American Express have gained $4.36 (3.1%), combining for an approximately 73-point bump for the Dow. Other components contributing significantly to the gain include JPMorgan Chase
JPM,
+2.56%,
Goldman Sachs
GS,
+2.46%,
and Dow
DOW,
+2.52%.
A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Tags: Applications Softwarearticle_normalBanking/CreditComputers/Consumer ElectronicsComputingCredit CardsCredit Types/ServicesCustomer Relationship Management SoftwareEnterprise Management SoftwareSoftware
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