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Shares of 3M and Caterpillar are trading higher Friday morning, propelling the Dow Jones Industrial Average rally. Shares of 3M (MMM) and Caterpillar (CAT) are contributing to the index's intraday rally, as the Dow was most recently trading 567 points (1.7%) higher. 3M's shares have climbed $7.16 (7.6%) while those of Caterpillar are up $13.77, or 6.6%, combining for a roughly 138-point bump for the Dow. Dow (DOW), Nike (NKE), and American Express (AXP) are also contributing significantly to the gain. A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.

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(END) Dow Jones Newswires

June 02, 2023 11:53 ET (15:53 GMT)

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