The shares of the four Dow Jones Industrial Average components that reported results were all rallying Tuesday, and accounted for a little more than half of the Dow’s point gain. Verizon Communications Inc.’s stock VZ, +8.68% jumped 8.7% toward their best day in 15 years, 3M Co. shares MMM, +4.82% shot up 4.9% to bounce off an 11-year low and Coca-Cola Co.’s stock KO, +2.61% gained 2.5% toward their best gain in 11 months. Those stocks were the Dow’s top three performers in afternoon trading.
slipped 0.1% and Visa Inc.’s stock V, +1.03% gained 1.0%. Combined, the price moves of those stocks added 12 points to the Dow’s price.
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Oil stocks see broad selloff as Chevron’s buyout of Hess fails to fuel buyingTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
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