Dow soars 900 points on gains in Walgreens Boots, JPMorgan Chase shares

The Dow Jones Industrial Average is soaring Thursday afternoon with shares of Walgreens Boots and JPMorgan Chase delivering strong returns for the index. Shares of Walgreens Boots WBA, +5.35% and JPMorgan Chase JPM, +5.56% have contributed to the blue-chip gauge’s intraday rally, as the Dow DJIA, +2.83% is trading 901 points (3.1%) higher. Walgreens Boots’s shares are up $1.95 (6.1%) while those of JPMorgan Chase are up $5.63, or 5.4%, combining for a roughly 50-point boost for the Dow. Other components contributing significantly to the gain include Dow DOW, +4.82%, Chevron CVX, +4.85%, and 3M MMM, +4.87%. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.

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