Which company deserves the most credit for the Dow Jones Industrial Average’s run to a milestone at 27,000 since last posting a finish at or above a round-number milestone at 26,000 back on Jan. 17? Visa Inc. V, +0.79%

The credit-card giant has rung up rich gains over the past 17 months, contributing some 390 points to the price-weighted Dow DJIA, +0.85% while Microsoft Corp. MSFT, +0.40% has added about 324 points to the blue-chip gauge, according to Dow Jones Market Data during that period.

Shares of Visa have climbed about 48% since mid January of 2018, rising to $180.47 a share from $121.98. As opposed to the S&P 500 index SPX, +0.23% and the market-capitalization weighted Nasdaq Composite Index COMP, -0.08% each dollar move in any one of the Dow’s 30 components equates to a 6.8-point swing in the 123-year-old, price-weighted benchmark. Microsoft shares have jumped by more than 54%, trading at $138.94 from $90.14 a share at the close of trading Jan. 17.

Meanwhile, the biggest drags on the Dow have been industrial giants, with 3M Co. exacting a 564-point toll on the index over the period, and Caterpillar Inc.’s shares dragging its down by 247 points.

Here’s a complete list of the contributors to the Dow’s relatively lengthy jaunt from 26,000 to 27,000, according to Dow Jones Market Data (the list includes 32 constituents accounting for a split up of DowDuPont Inc. and Walgreens replacing General Electric as a component:

Dow component performance since Jan. 17, 2018 Total point contribution (as of midday trade July 11)
Visa Inc. V, +0.79%   390 points
Microsoft Corp. MSFT, +0.40%   324
McDonald’s Corp. MCD, -0.14%   256
Walt Disney Co. DIS, +0.03%   213
American Express Co. AXP, +0.30%   176
Apple Inc. AAPL, -0.73%   164
Nike Inc. NKE, +0.96%   161
Merck & Co. Inc. MRK, -4.53%   154
Procter & Gamble Co. PG, +0.57%   151
Travelers Cos. Inc. TRV, -0.57%   110
Cisco Systems Inc. CSCO, +0.30%   108
Home Depot Inc. HD, +1.57%   74
Walmart Inc. WMT, +0.83%   68
UnitedHealth Group Inc. UNH, +5.54%   63
Pfizer Inc. PFE, -2.43%   47
Verizon Communications Inc. VZ, -0.18%   36
Coca-Cola Co. KO, +0.42%   34
Intel Corp. INTC, +0.81%   27
Boeing Co. BA, +1.92%   7
JPMorgan Chase & Co. JPM, +0.96%   -0.64
United Technologies Corp. UTX, +0.68%   -28
General Electric Co. GE, -0.69%   -30
Dow Inc. DOW, +0.42%   -40
Johnson & Johnson JNJ, -0.79%   -42
Chevron Corp. CVX, -0.01%   -48
Exxon Mobil Corp. XOM, +0.06%   -72
Walgreens Boots Alliance Inc. WBA, +0.09%   -79
DuPont de Nemours Inc. DWDP, +0.00%   -146
International Business Machines Corp. IBM, +0.55%   -194
Caterpillar Inc. CAT, +0.98%   -247
Goldman Sachs Group Inc. GS, +2.59%   -323
3M Co. MMM, +2.00%   -564

All three main U.S. stock gauges were rallying on Thursday, aided partly by stock-supportive central-bank policy, with Federal Reserve Chairman Jerome Powell in congressional testimony setting the stage for an aggressive round of reductions to benchmark federal-funds rates at a range of 2.25%-2.50%. On Thursday, the S&P 500 SPX, +0.23% and the Nasdaq Composite indexes COMP, -0.08% were trading in record territory.