Chevron, Visa share gains contribute to Dow’s nearly 100-point jump

Chevron, Visa share gains contribute to Dow’s nearly 100-point jump

Shares of Chevron and Visa are seeing positive momentum Friday morning, propelling the Dow Jones Industrial Average into positive territory.

The Dow DJIA, +0.40% was most recently trading 92 points, or 0.3%, higher, as shares of Chevron CVX, +0.85% and Visa V, +2.07% have contributed to the blue-chip gauge’s intraday rally. Chevron’s shares have climbed $2.71 (1.7%) while those of Visa are up $3.39 (1.5%), combining for a roughly 40-point bump for the Dow. Also contributing significantly to the gain are Dow Inc. DOW, +0.72%, Home Depot HD, +0.86%, and Caterpillar CAT, -1.37%. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.

 

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