DJ Dow's 114-Point Rally Highlighted By Gains In IBM, Verizon Shares
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Shares of IBM and Verizon are posting positive momentum Friday afternoon, propelling the Dow Jones Industrial Average into positive territory.
The Dow (Dow Jones Industrial Average) is trading 114 points (0.3%) higher, as shares of IBM (International Business Machines Corp.) and Verizon (Verizon Communications Inc.) are contributing to the blue-chip gauge's intraday rally.
IBM's shares are up $10.31 (4.2%) while those of Verizon are up $1.53, or 3.5%, combining for a roughly 73-point bump for the Dow.
Other components contributing significantly to the gain include McDonald's (McDonald's Corp.), Amgen (Amgen Inc.), and Chevron (Chevron Corp.).
A $1 move in any one of the 30 components of the benchmark equates to a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2025.
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March 07, 2025 13:38 ET (18:38 GMT)
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