DJ Dow Rallies 113 Points On Gains For Shares Of IBM, Cisco
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Led by strong returns for shares of IBM and Cisco, the Dow Jones Industrial Average is climbing Thursday morning.
The Dow (Dow Jones Industrial Average) is trading 113 points higher (0.3%), as shares of IBM (International Business Machines Corp.) and Cisco (Cisco Systems Inc.) have contributed to the blue-chip gauge's intraday rally.
IBM's shares are up $28.35 (12.4%) while those of Cisco are up $1.22, or 2.0%, combining for an approximately 182-point bump for the Dow.
Also contributing significantly to the gain are Visa (Visa Inc. Cl A), Goldman Sachs (Goldman Sachs Group Inc.), and Walt Disney (Walt Disney Co.).
A $1 move in any one of the 30 components of the benchmark results in a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.
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(END) Dow Jones Newswires
January 30, 2025 09:49 ET (14:49 GMT)
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