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Home Markets

Dow’s 350-point rally highlighted by gains for shares of Caterpillar, Goldman Sachs

by author
October 21, 2022
in Markets
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Shares of Caterpillar and Goldman Sachs are trading higher Friday morning, leading the Dow Jones Industrial Average rally. The Dow
DJIA,
+1.27%
is trading 358 points, or 1.2%, higher, as shares of Caterpillar
CAT,
+3.69%
and Goldman Sachs
GS,
+3.20%
have contributed to the blue-chip gauge’s intraday rally. Caterpillar’s shares have climbed $6.89 (3.8%) while those of Goldman Sachs have risen $10.73, or 3.5%, combining for a roughly 116-point boost for the Dow. Other components contributing significantly to the gain include Dow
DOW,
+2.94%,
JPMorgan Chase
JPM,
+2.72%,
and Cisco
CSCO,
+1.99%.
A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Tags: article_normalConstruction MachineryFinancial Investment ServicesFinancial PerformanceFinancial ServicesIndustrial GoodsInvesting/SecuritiesMachinerySecurity Brokering/DealingShare Price Movement/Disruptions
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