Caterpillar, Boeing share gains contribute to Dow's 332-point rally
The Dow Jones Industrial Average is rallying Thursday afternoon with shares of Caterpillar and Boeing leading the way for the blue-chip average.
From the Equity Insider archive. This article dates from Oct 28, 2022 and is preserved as first published.
The Dow Jones Industrial Average is rallying Thursday afternoon with shares of Caterpillar and Boeing leading the way for the blue-chip average.
The Dow Jones Industrial Average is rallying Thursday afternoon with shares of Caterpillar and Boeing leading the way for the blue-chip average.
The Dow DJIA, +0.61% was most recently trading 332 points (1.0%) higher, as shares of Caterpillar CAT, +7.71% and Boeing BA, +4.46% have contributed to the blue-chip gauge’s intraday rally. Caterpillar’s shares are up $16.15, or 8.2%, while those of Boeing are up $6.59, or 4.9%, combining for a roughly 150-point bump for the Dow. Honeywell HON, +3.27%, McDonald’s MCD, +3.31%, and Merck MRK, +1.35% are also contributing significantly to the gain. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.
