Johnson & Johnson, Chevron share gains contribute to Dow’s 175-point climb

The Dow Jones Industrial Average is trading up Monday morning with shares of Johnson & Johnson and Chevron delivering the strongest returns for the blue-chip average. The Dow
DJIA,
+0.49%
is trading 178 points higher (0.5%), as shares of Johnson & Johnson
JNJ,
+1.71%
and Chevron
CVX,
+2.51%
are contributing to the index’s intraday rally. Johnson & Johnson’s shares are up $3.60 (2.1%) while those of Chevron have climbed $3.11, or 2.0%, combining for a roughly 44-point bump for the Dow. Goldman Sachs
GS,
+2.11%,
Verizon
VZ,
+1.17%,
and JPMorgan Chase
JPM,
+1.51%
are also contributing significantly to the gain. A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.