Dow's nearly 450-point rally highlighted by gains in shares of Dow Inc., Caterpillar

Behind positive momentum for shares of Dow Inc. and Caterpillar, the Dow Jones Industrial Average is rallying Friday morning. The Dow DJIA, +1.21% was most recently trading 441 points, or 1.7%, higher, as shares of Dow Inc. DOW, +4.92% and Caterpillar CAT, +4.65% have contributed about a quarter of the blue-chip gauge’s intraday rally. Dow Inc.’s shares are up $2.49 (5.5%) while those of Caterpillar are up $6.52 (5.3%), combining for a roughly 61-point bump for the Dow. 3M MMM, +3.80%, Goldman Sachs GS, +2.41%, and JPMorgan Chase JPM, +1.69% are also contributing significantly to the gain. A $1 move in any one of the 30 components of the index results in 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.