3 DJIA Stocks Rallying Hard: Exxon Mobil, Chevron, and General Electric
The Dow Jones Industrial Average (NYSE:DIA) is up today 2.42% and stands at 11,371. The large stocks below are among the notable performers today.
Investing Insights: Oil ETFs: The Top 10 Exchange Traded Funds for Your Oil Investing List.
Chevron (NYSE:CVX): Chevron and Exxon Mobil were actually downgraded last week, as J.P. Morgan posited that these gigantic oil (NYSE:USO) companies were now entering a competitive disadvantage compared to their rivals. Nevertheless, Chevron is also enjoying a boost from Europe. The stock is up 3.55%.
General Electric (NYSE:GE): General Electric is being helped by resumed talks with a European aircraft company, helped again by rumors that it will buy Textron, and hurt with conservatives by its relationship with the Obama administration. Above all, GE is helped by Europe today, and is up 3.45%.
Investing Insights: Dow Jones 30 Index Stocks: Upcoming Earnings Preview.