Cisco, Exxon Mobil share gains contribute to Dow's 170-point jump

The Dow Jones Industrial Average is climbing Wednesday morning with shares of Cisco and Exxon Mobil seeing positive momentum for the price-weighted average. The Dow DJIA, +0.48% was most recently trading 170 points, or 0.7%, higher, as shares of Cisco CSCO, +0.98% and Exxon Mobil XOM, +1.15% have contributed to the blue-chip gauge’s intraday rally. Cisco’s shares are up $0.66 (1.4%) while those of Exxon Mobil are up $0.91 (1.4%), combining for an approximately 11-point bump for the Dow. Other components contributing significantly to the gain include Intel INTC, +1.36%, Chevron CVX, +1.11%, and Microsoft MSFT, +1.15%. A $1 move in any of the Dow’s 30 components equates to a 6.78-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.

Read More Here...

Bookmark the permalink.