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American Express, IBM share gains contribute to Dow's 131-point climb

MarketWatch
MarketWatch
 2022-01-25

Shares of American Express and IBM are trading higher Tuesday afternoon, sending the Dow Jones Industrial Average into positive territory. The Dow

DJIA,

-0.19%

is trading 131 points higher (0.4%), as shares of American Express

AXP,

+8.92%

and IBM

IBM,

+5.65%

are contributing to the blue-chip gauge's intraday rally. American Express's shares have risen $15.00 (9.4%) while those of IBM are up $7.91 (6.1%), combining for a roughly 151-point boost for the Dow. Other components contributing significantly to the gain include Chevron

CVX,

+4.25%

, Johnson & Johnson

JNJ,

+2.86%

, and Visa

V,

+0.07%

. A $1 move in any one of the 30 components of the index 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.

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