American Express, IBM share gains lead Dow's 586-point rally

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DOW UPDATE

Shares of American Express and IBM are posting positive gains Tuesday morning, leading the Dow Jones Industrial Average rally. The Dow was most recently trading 586 points higher (1.7%), as shares of American Express and IBM are contributing to the index’s intraday rally. American Express’s shares have risen $5.76 (3.5%) while those of IBM have risen $4.84 (3.5%), combining for an approximately 70-point boost for the Dow. Also contributing significantly to the gain are Honeywell International Inc. Goldman Sachs and Boeing A $1 move in any one of the 30 components of the Dow equates to a 6.58-point swing.

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