Dow rallies nearly 100 points on gains in Intel, Merck shares

Behind positive growth for shares of Intel and Merck, the Dow Jones Industrial Average is up Friday morning. Shares of Intel
INTC,
+1.41%
and Merck
MRK,
+1.64%
have contributed to the index’s intraday rally, as the Dow
DJIA,
+0.25%
is trading 90 points, or 0.3%, higher. Intel’s shares are up $0.50, or 1.5%, while those of Merck have climbed $1.37, or 1.3%, combining for a roughly 12-point bump for the Dow. Cisco
CSCO,
+0.79%,
Chevron
CVX,
+1.07%,
and Procter & Gamble
PG,
+1.48%
are also contributing significantly to the gain. A $1 move in any of the Dow’s 30 components 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.