Shares of 3M and Caterpillar are trading higher Friday morning, propelling the Dow Jones Industrial Average rally. Shares of 3M
MMM,
+8.32%
and Caterpillar
CAT,
+8.06%
are contributing to the index’s intraday rally, as the Dow
DJIA,
+1.99%
was most recently trading 567 points (1.7%) higher. 3M’s shares have climbed $7.16 (7.6%) while those of Caterpillar are up $13.77, or 6.6%, combining for a roughly 138-point bump for the Dow. Dow
DOW,
+4.49%,
Nike
NKE,
+4.47%,
and American Express
AXP,
+4.08%
are also contributing significantly to the gain. 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.