Dow's 175-point jump led by gains for Dow Inc., IBM stocks

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Behind positive gains for shares of Dow Inc. and IBM, the Dow Jones Industrial Average is up Wednesday morning. The Dow DJIA, +0.45% is trading 177 points higher (0.5%), as shares of Dow Inc. DOW, +2.21% and IBM IBM, +2.26% are contributing to the index’s intraday rally. Dow Inc.’s shares are up $1.79, or 2.9%, while those of IBM have climbed $3.30 (2.4%), combining for a roughly 34-point boost for the Dow. Nike NKE, +1.74%, Caterpillar CAT, +1.14%, and Chevron CVX, +0.88% are also contributing significantly to the gain. A $1 move in any one of the 30 components of the benchmark equates to a 6.58-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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