DuPont & Co.’s stock surged $3.04, or 3.9%, in midday trade Wednesday, enough to push the Dow Jones Industrial Average into positive territory, after The Wall Street Journal reported that European regulators were set to clear the chemical company’s merger with Dow Chemical Co. . The stock’s price gain was adding about 21 points to the Dow, which was up 9 points. That compares to the S&P 500’s 0.2% decline and the Dow Jones Transportation Average’s 1.3% drop. Dow Chemical’s stock rallied 4.1% in midday trade. The Dow and DuPont merger deal is on track to win regulatory approval from the European Union’s antitrust regulator before the April deadline, after the company offered earlier this month to sell some businesses, according to the WSJ report.
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