DJ IBM, Walt Disney Share Gains Lead Dow's 167-Point Jump
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Behind strong returns for shares of IBM and Walt Disney, the Dow Jones Industrial Average is climbing Tuesday morning.
The Dow (Dow Jones Industrial Average) is trading 167 points higher (0.4%), as shares of IBM (International Business Machines Corp.) and Walt Disney (Walt Disney Co.) have contributed to the index's intraday rally.
IBM's shares have risen $4.03 (1.8%) while those of Walt Disney are up $1.92 (1.7%), combining for an approximately 37-point bump for the Dow.
Merck (Merck & Co. Inc.), Nike (Nike Inc. Cl B), and Boeing (Boeing Co.) are also contributing significantly to the gain.
A $1 move in any one of the 30 components of the index results in a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled January 7, 2025.
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January 07, 2025 09:45 ET (14:45 GMT)
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