Dow's nearly 375-point rally led by gains for Chevron, Exxon Mobil stocks - MarketWatch

Led by positive momentum for shares of Chevron and Exxon Mobil, the Dow Jones Industrial Average is rallying Thursday morning. The Dow DJIA, +1.36% was most recently trading 372 points, or 1.8%, higher, as shares of Chevron CVX, +10.53% and Exxon Mobil XOM, +9.32% are contributing to the blue-chip gauge's intraday rally. Chevron's shares have climbed $8.40 (12.3%) while those of Exxon Mobil are up $3.44 (9.2%), combining for an approximately 80-point bump for the Dow. Also contributing significantly to the gain are Dow Inc. DOW, +7.43%, Caterpillar CAT, +5.54%, and IBM IBM, +3.56%. A $1 move in any of the Dow's 30 components results in a 6.78-point swing.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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http://www.marketwatch.com/story/dows-nearly-375-point-rally-led-by-gains-for-chevron-exxon-mobil-stocks-2020-04-02

2020-04-02 14:46:00Z
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