The Dow Jones 30 Index posted its 5th consecutive new record high close today at 21,891.
During the month of July, the Index gained 570 points, or 2.6%.
As the chart below illustrates, 310 of those 570 Dow points were generated by one stock: Boeing.
Boeing shares climbed over 24% during the month of July from $197.75 to $246.00. In just the last 5 trading sessions, Boeing shares rose 16% from $212.50 to $246.00.
Since the Dow is a price-weighted Index, a higher point value, or Beta, is assigned to higher priced stocks.
Boeing