June 2, 2023

3M, Caterpillar share gains contribute to Dow's 375-point rally

The Dow Jones Industrial Average is rallying Friday morning with shares of 3M and Caterpillar delivering the strongest returns for the index. Shares of 3M
MMM,
+2.20%
and Caterpillar
CAT,
+4.29%
are contributing to the index’s intraday rally, as the Dow
DJIA,
+1.17%
is trading 376 points (1.1%) higher. 3M’s shares are up $3.35, or 3.6%, while those of Caterpillar are up $7.31 (3.5%), combining for a roughly 70-point bump for the Dow. Other components contributing significantly to the gain include Nike
NKE,
+3.12%,
Dow
DOW,
+3.76%,
and American Express
AXP,
+2.47%.
A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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