January 12, 2023

Dow climbs 70 points on gains in shares of Walt Disney, Caterpillar

The Dow Jones Industrial Average is trading up Thursday morning with shares of Walt Disney and Caterpillar seeing positive momentum for the price-weighted average. Shares of Walt Disney
DIS,
+4.15%
and Caterpillar
CAT,
+2.43%
are contributing to the blue-chip gauge’s intraday rally, as the Dow
DJIA,
+0.79%
is trading 70 points higher (0.2%). Walt Disney’s shares have risen $3.17 (3.3%) while those of Caterpillar have gained $4.80, or 1.9%, combining for an approximately 53-point bump for the Dow. Also contributing significantly to the gain are Boeing
BA,
+3.10%,
Honeywell
HON,
+2.05%,
and Salesforce
CRM,
+2.15%.
A $1 move in any one of the 30 components of the index results in a 6.59-point swing.

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