Dow's 118-point jump led by gains for shares of Merck, Walt Disney

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DOW UPDATE

Buoyed by positive growth for shares of Merck and Walt Disney, the Dow Jones Industrial Average is up Friday morning. Shares of Merck and Walt Disney have contributed to the blue-chip gauge’s intraday rally, as the Dow is trading 118 points (0.4%) higher. Merck’s shares are up $6.00, or 8.0%, while those of Walt Disney are up $3.95 (2.3%), combining for a roughly 66-point bump for the Dow. Boeing American Express and IBM are also contributing significantly to the gain. A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.

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