Dow jumps 162 points on gains in Dow, Microsoft stocks

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The Dow Jones Industrial Average is up Wednesday morning with shares of Dow and Microsoft delivering strong returns for the blue-chip average. The Dow
DJIA,
+0.59%

was most recently trading 162 points higher (0.5%), as shares of Dow
DOW,
+1.59%

and Microsoft
MSFT,
+2.29%

are contributing to the blue-chip gauge’s intraday rally. Dow’s shares have climbed $1.30 (2.3%) while those of Microsoft have climbed $4.59 (2.0%), combining for a roughly 39-point bump for the Dow. Home Depot
HD,
+2.37%
,
Walgreens Boots
WBA,
+1.06%
,
and Nike
NKE,
+1.76%

are also contributing significantly to the gain. A $1 move in any of the index’s 30 components equates to a 6.59-point swing.