Chevron, Caterpillar share gains lead Dow's 330-point rally

The Dow Jones Industrial Average is rallying Monday morning with shares of Chevron and Caterpillar delivering the strongest returns for the blue-chip average. Shares of Chevron

and Caterpillar

are contributing about a quarter of the index’s intraday rally, as the Dow

was most recently trading 330 points (1.2%) higher. Chevron’s shares have risen $6.37, or 4.4%, while those of Caterpillar have risen $4.91 (3.0%), combining for an approximately 74-point bump for the Dow. Verizon Communications Inc.
Home Depot
and Dow Inc.

are also contributing significantly to the gain. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.

Leave a Reply

Your email address will not be published. Required fields are marked *