
Powered by positive growth for shares of Caterpillar and Dow, the Dow Jones Industrial Average is rallying Monday afternoon. The Dow
DJIA,
+1.20%
is trading 402 points (1.3%) higher, as shares of Caterpillar
CAT,
+2.47%
and Dow
DOW,
+2.48%
have contributed to the index’s intraday rally. Caterpillar’s shares have gained $6.18 (2.9%) while those of Dow are up $1.35, or 2.7%, combining for an approximately 50-point bump for the Dow. Honeywell
HON,
+2.84%,
Goldman Sachs
GS,
+1.97%,
and Verizon
VZ,
+1.74%
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.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.