Inc., American Express share gains contribute to Dow's 418-point rally

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Behind positive gains for shares of Inc. and American Express, the Dow Jones Industrial Average is rallying Thursday morning. The Dow was most recently trading 418 points (1.2%) higher, as shares of Inc. and American Express have contributed about 25% of the blue-chip gauge’s intraday rally. Inc.’s shares have gained $10.86, or 4.2%, while those of American Express are up $3.56 (2.1%), combining for an approximately 95-point boost for the Dow. Also contributing significantly to the gain are Merck JPMorgan Chase and Caterpillar A $1 move in any one of the 30 components of the index results in a 6.58-point swing.

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