Merck, Johnson & Johnson share gains lead Dow's nearly 50-point climb

The Dow Jones Industrial Average is trading up Thursday afternoon with shares of Merck and Johnson & Johnson leading the way for the blue-chip average. Shares of Merck
MRK,
-0.83%

and Johnson & Johnson
JNJ,
+0.32%

have contributed to the index’s intraday rally, as the Dow
DJIA,
-1.62%

was most recently trading 47 points higher (0.2%). Merck’s shares have risen $3.55 (4.2%) while those of Johnson & Johnson are up $3.80 (2.3%), combining for a roughly 48-point bump for the Dow. Other components contributing significantly to the gain include Amgen Inc.
AMGN,
-0.34%
,
Verizon Communications Inc.
VZ,
-1.03%
,
and Salesforce Inc.
CRM,
-2.09%
.
A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.

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