Dow up 150 points on gains in shares of Travelers, Cisco

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Shares of Travelers and Cisco are trading higher Monday afternoon, propelling the Dow Jones Industrial Average into positive territory. Shares of Travelers TRV, +2.90% and Cisco CSCO, +2.54% are contributing to the index’s intraday rally, as the Dow DJIA, +0.05% is trading 156 points (0.4%) higher. Travelers’s shares are up $5.01 (3.3%) while those of Cisco have risen $1.51, or 2.8%, combining for a roughly 43-point boost for the Dow. Other components contributing significantly to the gain include Goldman Sachs GS, +2.27%, JPMorgan Chase JPM, +2.15%, and Dow Inc. DOW, +2.53%. A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.