Dow's nearly 50-point jump led by gains for shares of Salesforce.com Inc., Nike

March 18, 2022 by investmentnewsdaily

Shares of Salesforce.com Inc. and Nike are seeing positive gains Friday afternoon, propelling the Dow Jones Industrial Average into positive territory. The Dow
DJIA,
+0.25%
was most recently trading 41 points, or 0.1%, higher, as shares of Salesforce.com Inc.
CRM,
+3.12%
and Nike
NKE,
+2.30%
are contributing to the blue-chip gauge’s intraday rally. Salesforce.com Inc.’s shares have risen $5.67, or 2.7%, while those of Nike have climbed $3.10, or 2.4%, combining for a roughly 58-point bump for the Dow. American Express
AXP,
+1.97%,
Visa
V,
+1.75%,
and Apple Inc.
AAPL,
+1.28%
are also contributing significantly to the gain. A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.

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