Shares of Chevron Corp. /zigman2/quotes/205871374/composite CVX +1.02% rallied 3.0% to pace the Dow Jones Industrial Average's /zigman2/quotes/210598065/realtime DJIA +0.60% premarket gainers after blow-out second-quarter earnings, while Apple Inc.'s stock /zigman2/quotes/202934861/composite AAPL -1.23% was second with a 2.7% jump, also after better-than-expected earnings. The implied price gains would had a combined 57 points to the Dow's price, while Dow futures /zigman2/quotes/210407078/delayed YM00 +0.17% inched down 2 points. The reason the Dow isn't higher is because of its other two earnings reporters. Intel Corp.'s stock /zigman2/quotes/203649727/composite INTC -0.61% tumbled 11.3% to lead the Dow's losers ahead of the open, after a big earnings miss and disappointing outlook, while Procter & Gamble Co. shares /zigman2/quotes/202894679/composite PG -0.52% were second-worst with a 3.5% decline after a profit miss. Those stocks' combined implied price decline would cut about 64 points off the Dow's price.
Add to watchlist
CVX
Add to watchlist
DJIA
Add to watchlist
AAPL
Add to watchlist
INTC
