Shares of Intel and American Express are seeing strong returns Friday afternoon, propelling the Dow Jones Industrial Average rally. The Dow
DJIA,
was most recently trading 368 points higher (1.1%), as shares of Intel
INTC,
and American Express
AXP,
have contributed to the blue-chip gauge’s intraday rally. Intel’s shares have climbed $1.33, or 4.8%, while those of American Express are up $6.60, or 4.4%, combining for a roughly 52-point bump for the Dow. Salesforce
CRM,
Goldman Sachs
GS,
and Microsoft
MSFT,
are also contributing significantly to the gain. A $1 move in any of the Dow’s 30 components equates to a 6.59-point swing.
Read the full article here