Shares of Chevron and Dow Inc. are seeing strong returns Wednesday morning, propelling the Dow Jones Industrial Average rally. Shares of Chevron CVX, +2.76% and Dow Inc. DOW, +2.48% have contributed to the index’s intraday rally, as the Dow DJIA, +0.19% is trading 327 points (1.0%) higher. Chevron’s shares are up $6.10, or 3.8%, while those of Dow Inc. are up $2.19, or 3.3%, combining for a roughly 55-point bump for the Dow. Also contributing significantly to the gain are Merck MRK, +2.69%, Caterpillar CAT, +1.91%, and IBM IBM, +1.79%. A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.
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