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.