Dow’s 117-point climb highlighted by gains in JPMorgan Chase, Caterpillar stocks

Dow’s 117-point climb highlighted by gains in JPMorgan Chase, Caterpillar stocks

Shares of JPMorgan Chase and Caterpillar are trading higher Friday afternoon, lifting the Dow Jones Industrial Average into positive territory.

The Dow DJIA, +0.33% is trading 117 points, or 0.3%, higher, as shares of JPMorgan Chase JPM, +2.52% and Caterpillar CAT, +1.33% are contributing to the index’s intraday rally. JPMorgan Chase’s shares have risen $3.86 (2.8%) while those of Caterpillar have risen $3.24, or 1.3%, combining for an approximately 47-point boost for the Dow. Other components contributing significantly to the gain include Apple AAPL, +1.01%, Travelers TRV, +1.01%, and Nike NKE, +0.75%. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.

 

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