Caterpillar, Intel share gains contribute to Dow's 625-point surge

The Dow Jones Industrial Average is soaring Monday morning with shares of Caterpillar and Intel leading the way for the blue-chip average. Shares of Caterpillar
CAT,
+4.72%

and Intel
INTC,
+4.11%

are contributing to the blue-chip gauge’s intraday rally, as the Dow
DJIA,
+2.17%

is trading 624 points, or 2.2%, higher. Caterpillar’s shares have risen $7.78 (4.7%) while those of Intel are up $1.12 (4.3%), combining for an approximately 59-point bump for the Dow. Also contributing significantly to the gain are Chevron
CVX,
+4.81%
,
Dow Inc.
DOW,
+3.81%
,
and Verizon Communications Inc.
VZ,
+3.13%
.
A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.

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