Please ensure Javascript is enabled for purposes of website accessibility

Why the Dow Is Rallying Today

By Dan Dzombak – Updated Apr 7, 2017 at 7:17PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Why The Dow is Gaining Today

The Dow Jones Industrial Average (INDEX: ^DJI) is rallying today along with worldwide markets as China reported slowing GDP growth, leading many to believe Chinese monetary policy will ease. At 1:30 p.m. EST, the Dow was up 87 points to 12,519. The S&P 500 was up nine points to 1,298.

In the fourth quarter, China's GDP rose 8.9%, its slowest rate in more than two years. Faster growth in China would be a boon to today's leading Dow stock, United Technologies (NYSE: UTX). The company is leading the pack, up 1.87% to $77.50. Last year, United Technologies got 17% of its operating profit from the Asia-Pacific region. The company reports earnings next Wednesday, and analysts expect it to report earnings per share of $1.46.

Following closely behind it is Boeing (NYSE: BA), up 1.54% to $75.75. While Airbus delivered more planes than Boeing this year -- 534 compared with 477 -- 2012 should be a more balanced year between the two jet manufacturers.

The Dow is doing well today, but those stocks aren't the only good ones out there. For another smart stock idea, check out The Motley Fool's latest special report to discover our top stock pick for 2012. It's free, but it won't be available for long, so get your copy now.

Dan Dzombak holds no position in any company mentioned. Click here to see his holdings and a short bio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Dow Jones Industrial Average (Price Return) Stock Quote
Dow Jones Industrial Average (Price Return)
^DJI
$29,590.41 (-1.62%) $-486.27
The Boeing Company Stock Quote
The Boeing Company
BA
$131.26 (-5.37%) $-7.45
Raytheon Technologies Corporation Stock Quote
Raytheon Technologies Corporation
RTX
$82.03 (-1.70%) $-1.42

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
329%
 
S&P 500 Returns
106%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 09/24/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.