Powered by positive growth for shares of Caterpillar and Goldman Sachs, the Dow Jones Industrial Average is soaring Wednesday afternoon. The Dow DJIA, +1.44% is trading 607 points, or 2.0%, higher, as shares of Caterpillar CAT, +5.57% and Goldman Sachs GS, +5.40% are contributing to the index’s intraday rally. Caterpillar’s shares have gained $11.64, or 6.3%, while those of Goldman Sachs have climbed $16.88, or 6.2%, combining for an approximately 188-point bump for the Dow. Also contributing significantly to the gain are Dow Inc. DOW, +4.71%, JPMorgan Chase JPM, +4.70%, and Walgreens Boots WBA, +4.54%. A $1 move in any of the Dow’s 30 components results in a 6.58-point swing.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.