Powered by strong returns for shares of Amgen and Intel, the Dow Jones Industrial Average is up Friday afternoon. The Dow
DJIA,
is trading 176 points, or 0.5%, higher, as shares of Amgen
AMGN,
and Intel
INTC,
are contributing to the index’s intraday rally. Amgen’s shares are up $14.44, or 6.3%, while those of Intel are up $0.70 (2.0%), combining for an approximately 100-point boost for the Dow. Walt Disney
DIS,
Microsoft
MSFT,
and Chevron
CVX,
are also contributing significantly to the gain. A $1 move in any one of the 30 components of the Dow 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.
Read the full article here