Dow's Late-session Gain Driven By J&J, Caterpillar, Goldman Stock
The Dow Jones Industrial Average's late-day climb on Monday was being supported by a rise in shares of Johnson & Johnson, Caterpillar Inc., Goldman Sachs Group, and International Business Machines. The quartet of companies was underpinning more than three-quarters of the Dow's gain. Shares of J&J [: JNJ] were adding 23 points to the blue-chip gauge, while a rise in Caterpillar Inc. , Goldman and IBM , contributed the rest. The broader stock market was enjoying an early bounce from a rally in crude-oil futures on talk of extending a six-month production limit led by the Organization of the Petroleum Exporting Countries into 2018. Although stock benchmarks were off their best levels of the day, the firm advance was enough to help lift the Nasdaq Composite Index to an intraday record of 6,153.04, while the S&P 500 index touched a record intraday high of 2,404.
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