Dow's 75-point jump led by gains for shares of Verizon Communications Inc., Chevron

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DOW UPDATE

Powered by strong returns for shares of Verizon Communications Inc. and Chevron, the Dow Jones Industrial Average is up Wednesday afternoon. The Dow is trading 77 points, or 0.2%, higher, as shares of Verizon Communications Inc. and Chevron are contributing to the blue-chip gauge’s intraday rally. Verizon Communications Inc.’s shares are up $2.83, or 5.2%, while those of Chevron are up $2.70, or 2.9%, combining for a roughly 36-point bump for the Dow. Home Depot Merck and Nike are also contributing significantly to the gain. A $1 move in any of the benchmark’s 30 components results in 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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