Walt Disney, Verizon share gains contribute to Dow’s nearly 100-point jump

Shares of Walt Disney and Verizon are trading higher Thursday afternoon, sending the Dow Jones Industrial Average into positive territory. Shares of Walt Disney
DIS,
+4.57%
and Verizon
VZ,
+1.13%
have contributed to the index’s intraday rally, as the Dow
DJIA,
+0.25%
was most recently trading 91 points (0.3%) higher. Walt Disney’s shares have climbed $3.20 (3.7%) while those of Verizon have risen $0.49 (1.5%), combining for an approximately 24-point bump for the Dow. Other components contributing significantly to the gain include Intel
INTC,
+1.08%,
Amgen
AMGN,
+1.49%,
and IBM
IBM,
+0.41%.
A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.