Dow raises 600 points in earnings for Walt Disney shares, Caterpillar

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Shares of Walt Disney and Caterpillar posted strong returns on Tuesday morning, prompting the Dow Jones industrial average to rise. The Dow DJIA,
+ 1.88%
trades 603 points higher (2.0%) as shares of Walt Disney DIS,
+ 3.63%
and Caterpillar CAT,
+ 4.25%
contributes about a third of the index’s intraday rally. Walt Disney shares rose $ 7.25 (4.2%), while Caterpillar shares rose $ 7.47, or 4.0%, combining for a 97-point increase for the Dow. American Express AXP,
+ 4.31%,
JPMorgan Chase JPM,
+ 3.50%,
and Boeing BA,
+ 2.88%
it also contributes significantly to earnings. A move of $ 1 in any of the 30 components of the index results in an oscillation of 6.58 points.

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