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April 8, 2020, 2:33 p.m. EDT

Dow soars nearly 675 points on gains in Raytheon Technologies Corp., UnitedHealth shares

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By MarketWatch

Shares of Raytheon Technologies Corp. and UnitedHealth are posting strong returns Wednesday afternoon, sending the Dow Jones Industrial Average soaring. Shares of Raytheon Technologies Corp. /zigman2/quotes/203237915/composite RTX +7.45% and UnitedHealth /zigman2/quotes/210453738/composite UNH +1.71% are contributing around two thirds of the blue-chip gauge's intraday rally, as the Dow /zigman2/quotes/210598065/realtime DJIA +2.17% is trading 671 points, or 3.0%, higher. Raytheon Technologies Corp.'s shares have gained $5.56, or 9.6%, while those of UnitedHealth have climbed $17.91, or 7.2%, combining for an approximately 161-point boost for the Dow. Other components contributing significantly to the gain include Dow Inc. /zigman2/quotes/203121064/composite DOW +7.39% , Goldman Sachs /zigman2/quotes/209237603/composite GS +8.96% , and Boeing /zigman2/quotes/208579720/composite BA +5.24% . A $1 move in any one of the 30 components of the Dow results in a 6.86-point swing.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/203237915/composite
US : U.S.: NYSE
$ 64.47
+4.47 +7.45%
Volume: 15.94M
May 26, 2020 4:00p
P/E Ratio
13.57
Dividend Yield
2.95%
Market Cap
$55.84 billion
Rev. per Employee
$277,021
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/zigman2/quotes/210453738/composite
US : U.S.: NYSE
$ 294.89
+4.95 +1.71%
Volume: 4.57M
May 26, 2020 4:00p
P/E Ratio
20.64
Dividend Yield
1.46%
Market Cap
$279.67 billion
Rev. per Employee
$754,157
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
24,995.11
+529.95 +2.17%
Volume: 426.29M
May 26, 2020 5:20p
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/zigman2/quotes/203121064/composite
US : U.S.: NYSE
$ 38.79
+2.67 +7.39%
Volume: 6.19M
May 26, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
7.22%
Market Cap
$28.73 billion
Rev. per Employee
N/A
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/zigman2/quotes/209237603/composite
US : U.S.: NYSE
$ 196.06
+16.13 +8.96%
Volume: 5.97M
May 26, 2020 4:00p
P/E Ratio
10.65
Dividend Yield
2.55%
Market Cap
$67.42 billion
Rev. per Employee
$1.34M
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/zigman2/quotes/208579720/composite
US : U.S.: NYSE
$ 144.73
+7.20 +5.24%
Volume: 30.34M
May 26, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$81.67 billion
Rev. per Employee
$660,961
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