January 26, 2023

Dow's 175-point jump led by gains in shares of Salesforce, Chevron

DOW UPDATE

Shares of Salesforce and Chevron are posting strong returns Thursday afternoon, lifting the Dow Jones Industrial Average into positive territory. Shares of Salesforce and Chevron have contributed around a third of the index’s intraday rally, as the Dow is trading 174 points higher (0.5%). Salesforce’s shares are up $7.83 (5.0%) while those of Chevron have risen $8.09, or 4.5%, combining for a roughly 105-point boost for the Dow. Microsoft Apple and Honeywell are also contributing significantly to the gain. A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.

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