By MarketWatch Automation
Shares of IBM and Cisco are seeing positive momentum Thursday morning, propelling the Dow Jones Industrial Average into positive territory. The Dow /zigman2/quotes/210598065/realtime DJIA +0.63% is trading 98 points higher (0.3%), as shares of IBM /zigman2/quotes/203856914/composite IBM -0.29% and Cisco /zigman2/quotes/209509471/composite CSCO +1.21% are contributing around a quarter of the index's intraday rally. IBM's shares have risen $9.41, or 7.6%, while those of Cisco have risen $0.74, or 1.9%, combining for a roughly 67-point boost for the Dow. American Express /zigman2/quotes/203805826/composite AXP +1.13% , Chevron /zigman2/quotes/205871374/composite CVX +0.31% , and Travelers /zigman2/quotes/206313935/composite TRV +2.90% are also contributing significantly to the gain. A $1 move in any of the index's 30 components equates to a 6.58-point swing.