Dow rallies 450 points on gains for Apple Inc., Chevron stocks

Powered by strong returns for shares of Apple Inc. and Chevron, the Dow Jones Industrial Average is rallying Tuesday morning. Shares of Apple Inc.
AAPL,
+3.31%
and Chevron
CVX,
+3.50%
are contributing to the index’s intraday rally, as the Dow
DJIA,
+1.60%
was most recently trading 452 points higher (1.5%). Apple Inc.’s shares have climbed $4.08, or 3.1%, while those of Chevron have risen $4.58 (3.1%), combining for an approximately 57-point boost for the Dow. Also contributing significantly to the gain are Merck
MRK,
+3.08%,
UnitedHealth
UNH,
+2.59%,
and JPMorgan Chase
JPM,
+3.05%.
A $1 move in any of the benchmark’s 30 components results in a 6.59-point swing.