Led by strong returns for shares of Amgen and Verizon, the Dow Jones Industrial Average is up Monday morning. Shares of Amgen
AMGN,
+3.18%
and Verizon
VZ,
+2.56%
are contributing to the index’s intraday rally, as the Dow
DJIA,
+1.17%
was most recently trading 273 points, or 0.9%, higher. Amgen’s shares are up $7.19 (2.9%) while those of Verizon are up $0.93, or 2.6%, combining for an approximately 53-point boost for the Dow. Other components contributing significantly to the gain include Coca-Cola
KO,
+2.42%,
Merck
MRK,
+2.18%,
and Honeywell
HON,
+2.16%.
A $1 move in any of the benchmark’s 30 components 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.
