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Behind strong returns for shares of Boeing and Cisco, the Dow Jones Industrial Average is rallying Tuesday afternoon. The Dow DJIA is trading 349 points higher (1.1%), as shares of Boeing BA and Cisco CSCO have contributed to the blue-chip gauge's intraday rally. Boeing's shares have gained $6.05 (4.9%) while those of Cisco are up $1.60 (3.3%), combining for an approximately 50-point boost for the Dow. Other components contributing significantly to the gain include Dow Inc. DOW, JPMorgan Chase JPM, and American Express AXP. A $1 move in any one of the 30 components of the index results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 12:48 ET (16:48 GMT)
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