Chevron, Caterpillar Share Gains Lead Dow's 62-point Climb
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Powered by strong returns for shares of Chevron and Caterpillar, the Dow Jones Industrial Average is trading up Monday morning. The Dow DJIA was most recently trading 62 points, or 0.2%, higher, as shares of Chevron CVX and Caterpillar CAT have contributed to the blue-chip gauge's intraday rally. Chevron's shares have risen $3.87, or 2.7%, while those of Caterpillar are up $4.10, or 2.2%, combining for an approximately 53-point boost for the Dow. Other components contributing significantly to the gain include Merck MRK, UnitedHealth UNH, and IBM IBM. A $1 move in any of the Dow's 30 components equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 10:51 ET (14:51 GMT)
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