March 14, 2023

Salesforce, American Express share gains lead Dow's nearly 425-point rally

DOW UPDATE

The Dow Jones Industrial Average is rallying Tuesday morning with shares of Salesforce and American Express delivering the strongest returns for the price-weighted average. Shares of Salesforce and American Express have contributed about a quarter of the blue-chip gauge’s intraday rally, as the Dow is trading 424 points, or 1.3%, higher. Salesforce’s shares have gained $7.37, or 4.2%, while those of American Express are up $6.02, or 3.8%, combining for an approximately 88-point bump for the Dow. Boeing Intel and Goldman Sachs 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.

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