Shares of IBM and Honeywell International Inc. are posting positive growth Tuesday afternoon, though the Dow Jones Industrial Average remains essentially flat. The Dow DJIA, -0.09% is trading 4 points higher (0.0%), as shares of IBM IBM, +0.71% and Honeywell International Inc. HON, +0.71% account for 7% of the index’s intraday gains.
IBM’s shares have gained $1.70, or 1.2%, while those of Honeywell International Inc. are up $2.10 (0.9%), combining for an approximately 25-point bump for the Dow. Other components contributing significantly to the gain include Chevron CVX, +0.91%, McDonald’s MCD, +0.41%, and Apple Inc. AAPL, +0.67%. A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.