Dow’s 85-point rally led by gains in Verizon, 3M shares

The Dow Jones Industrial Average is up Tuesday afternoon with shares of Verizon and 3M seeing positive gains for the price-weighted average. Shares of Verizon
VZ,
+9.27%
and 3M
MMM,
+5.28%
are contributing to the index’s intraday rally, as the Dow
DJIA,
+0.62%
is trading 85 points, or 0.3%, higher. Verizon’s shares have climbed $2.72, or 8.7%, while those of 3M are up $4.53, or 5.3%, combining for a roughly 48-point boost for the Dow. Also contributing significantly to the gain are Coca-Cola
KO,
+2.88%,
Nike
NKE,
+2.31%,
and Dow
DOW,
+2.07%.
A $1 move in any one of the 30 components of the index 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.