The Dow Jones Industrial Average is climbing Thursday afternoon with shares of Merck and JPMorgan Chase seeing positive growth for the blue-chip average. The Dow
DJIA,
+0.30%
is trading 150 points (0.4%) higher, as shares of Merck
MRK,
-0.19%
and JPMorgan Chase
JPM,
-0.94%
are contributing to the index’s intraday rally. Merck’s shares are up $2.47 (2.2%) while those of JPMorgan Chase have gained $2.54 (1.5%), combining for a roughly 33-point boost for the Dow. Other components contributing significantly to the gain include Travelers
TRV,
-0.63%,
Caterpillar
CAT,
+0.99%,
and Boeing
BA,
-6.49%.
A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.
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