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,
jumped 8.7% toward their best day in 15 years, 3M Co. shares
MMM,
shot up 4.9% to bounce off an 11-year low and Coca-Cola Co.’s stock
KO,
gained 2.5% toward their best gain in 11 months. Those stocks were the Dow’s top three performers in afternoon trading. Dow Inc.’s stock
DOW,
was the fifth-best Dow performer, as it rose 1.6% to bounce off an 11-month low after beating earnings expectations. The combined price gain of the earnings reporter’s stocks ($9.04) was adding about 60 points to the Dow’s price, while the Dow rose 117 points, or 0.4%. Meanwhile, the two Dow members that were slated to report results after the closing bell were mixed, as shares of Microsoft Corp.
MSFT,
slipped 0.1% and Visa Inc.’s stock
V,
gained 1.0%. Combined, the price moves of those stocks added 12 points to the Dow’s price.
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