Dow's Nearly 50-point Jump Led By Gains In Shares Of Caterpillar, 3M
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Shares of Caterpillar and 3M are trading higher Wednesday afternoon, lifting the Dow Jones Industrial Average into positive territory. Shares of Caterpillar (CAT) and 3M (MMM) are contributing around a quarter of the blue-chip gauge's intraday rally, as the Dow was most recently trading 47 points higher (0.1%). Caterpillar's shares have gained $8.73, or 3.6%, while those of 3M are up $3.73, or 3.5%, combining for a roughly 82-point boost for the Dow. Dow (DOW), Intel (INTC), and Salesforce (CRM) are also contributing significantly to the gain. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.
(END) Dow Jones Newswires
March 01, 2023 12:22 ET (17:22 GMT)
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