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Oct. 8, 2020, 9:45 a.m. EDT

Dow jumps nearly 100 points on gains in shares of IBM, Cisco

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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.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
29,823.92
+185.28 +0.63%
Volume: 435.44M
Dec. 1, 2020 5:20p
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/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 123.16
-0.36 -0.29%
Volume: 5.31M
Dec. 1, 2020 4:00p
P/E Ratio
13.94
Dividend Yield
5.29%
Market Cap
$110.06 billion
Rev. per Employee
$201,008
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 43.54
+0.52 +1.21%
Volume: 23.95M
Dec. 1, 2020 4:00p
P/E Ratio
17.68
Dividend Yield
3.31%
Market Cap
$181.78 billion
Rev. per Employee
$636,155
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/zigman2/quotes/203805826/composite
US : U.S.: NYSE
$ 119.93
+1.34 +1.13%
Volume: 3.58M
Dec. 1, 2020 4:02p
P/E Ratio
29.63
Dividend Yield
1.43%
Market Cap
$95.49 billion
Rev. per Employee
$733,559
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/zigman2/quotes/205871374/composite
US : U.S.: NYSE
$ 87.45
+0.27 +0.31%
Volume: 9.92M
Dec. 1, 2020 4:02p
P/E Ratio
N/A
Dividend Yield
5.90%
Market Cap
$167.83 billion
Rev. per Employee
$2.91M
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/zigman2/quotes/206313935/composite
US : U.S.: NYSE
$ 133.41
+3.76 +2.90%
Volume: 1.22M
Dec. 1, 2020 4:00p
P/E Ratio
15.27
Dividend Yield
2.55%
Market Cap
$32.84 billion
Rev. per Employee
$1.03M
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