Merck, Walt Disney share gains contribute to Dow's 380-point rally

view original post

© Marketwatch

DOW UPDATE

Shares of Merck and Walt Disney are posting positive growth Friday afternoon, leading the Dow Jones Industrial Average rally. Shares of Merck and Walt Disney have contributed around 25% of the blue-chip gauge’s intraday rally, as the Dow was most recently trading 380 points (1.1%) higher. Merck’s shares have climbed $7.03, or 9.4%, while those of Walt Disney have gained $7.28 (4.3%), combining for a roughly 94-point bump for the Dow. Also contributing significantly to the gain are American Express IBM and Visa A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.

Continue Reading