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The
Dow Jones Industrial Average (
^DJI) is trading up 49 points (+0.3%) at 16,492 as of Thursday, Aug 7, 2014, 9:36 a.m. ET. During this time, 11.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 305.8 million. The NYSE advances/declines ratio sits at 1,865 issues advancing vs. 831 declining with 247 unchanged.
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The Dow component leading the way higher looks to be
Caterpillar (NYSE:
CAT), which is sporting a $1.88 gain (+1.9%) bringing the stock to $103.37. This single gain is lifting the Dow Jones Industrial Average by 14.23 points or roughly accounting for 29% of the Dow's overall gain. Volume for Caterpillar currently sits at 210,527 shares traded vs. an average daily trading volume of 3.8 million shares.
Caterpillar has a market cap of $63.73 billion and is part of the industrial goods sector and industrial industry. Shares are up 11.8% year-to-date as of Wednesday's close. The stock's dividend yield sits at 2.8%.
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.
