Dow Jones Industrial Average rallies 577 points on Caterpillar and Verizon gains
Updated
Updated · MarketWatch · Apr 30
Dow Jones Industrial Average rallies 577 points on Caterpillar and Verizon gains
19 articles · Updated · MarketWatch · Apr 30
By Thursday morning, the blue-chip index was up 1.2%, with Caterpillar jumping 8.7% and Verizon rising 2.9%.
The move extended an earlier 377-point gain led by Caterpillar and Walmart, showing strengthening momentum as trading progressed.
Earlier in the session, the Dow was also outperforming the Nasdaq by 1.51 percentage points, helped by its lower exposure to weaker tech and consumer discretionary stocks.
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