Dow up 175 points on gains for shares of Walmart, Home Depot

Shares of Walmart and Home Depot are posting strong returns Tuesday morning, lifting the Dow Jones Industrial Average into positive territory. Shares of Walmart
WMT,
+5.93%

and Home Depot
HD,
+5.47%

are contributing to the blue-chip gauge’s intraday rally, as the Dow
DJIA,
+0.71%

is trading 177 points (0.5%) higher. Walmart’s shares are up $7.06 (5.3%) while those of Home Depot are up $13.82 (4.4%), combining for an approximately 138-point boost for the Dow. Other components contributing significantly to the gain include IBM
IBM,
+1.60%
,
Nike
NKE,
+1.69%
,
and Procter & Gamble
PG,
+1.10%
.
A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.

Leave a Reply

Your email address will not be published. Required fields are marked *