Buoyed by positive gains for shares of Merck and Johnson & Johnson, the Dow Jones Industrial Average is climbing Monday afternoon. Shares of Merck
MRK,
+3.54%
and Johnson & Johnson
JNJ,
+2.12%
are contributing to the index’s intraday rally, as the Dow
DJIA,
+0.56%
is trading 95 points (0.3%) higher. Merck’s shares have climbed $3.28 (3.4%) while those of Johnson & Johnson have risen $3.09, or 1.8%, combining for an approximately 42-point boost for the Dow. Other components contributing significantly to the gain include IBM
IBM,
+1.75%,
Amgen
AMGN,
+1.48%,
and Intel
INTC,
+1.76%.
A $1 move in any of the index’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.