Honeywell International Inc., Dow Inc. share gains contribute to Dow's 350-point rally

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Buoyed by strong returns for shares of Honeywell International Inc. and Dow Inc., the Dow Jones Industrial Average is rallying Monday afternoon. The Dow DJIA, +1.79% was most recently trading 359 points (1.4%) higher, as shares of Honeywell International Inc. HON, +2.79% and Dow Inc. DOW, +1.61% are contributing about a quarter of the index’s intraday rally. Honeywell International Inc.’s shares have risen $8.85, or 5.4%, while those of Dow Inc. are up $2.34 (5.1%), combining for an approximately 74-point boost for the Dow. Chevron CVX, -0.95%, Caterpillar CAT, +1.88%, and Walgreens Boots WBA, +3.08% are also contributing significantly to the gain. A $1 move in any of the Dow’s 30 components results in a 6.58-point swing.