Dow's nearly 425-point rally led by gains for Visa, Microsoft stocks

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Shares of Visa and Microsoft are trading higher Wednesday afternoon, leading the Dow Jones Industrial Average rally. Shares of Visa V, +8.17% and Microsoft MSFT, +6.99% have contributed to the index’s intraday rally, as the Dow DJIA, +1.22% was most recently trading 423 points higher (1.3%). Visa’s shares are up $16.34 (8.1%) while those of Microsoft are up $19.65 (7.3%), combining for a roughly 237-point boost for the Dow. Salesforce Inc. CRM, +3.81%, Nike NKE, +1.97%, and Caterpillar CAT, +1.94% are also contributing significantly to the gain. A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.