The Glasshouse Report

Thursday, October 26, 2017

Dow surges 200 points, hits record high after Caterpillar and 3M beat the Street


By CNBC, Oct. 24, 2017

The Dow Jones industrial average rose sharply on Tuesday on the back of strong quarterly results from 3M and Caterpillar.

The 30-stock index closed 167.80 points higher at 23,441.76, hitting intraday and closing record highs. JPMorgan Chase shares rose 1.6 percent to break above $100 for the first time.

The S&P 500 gained 0.2 percent to finish at 2,569.13, with financials rising to their highest level in 10 years. Corning and 3M were the best performers on the index. The Nasdaq composite advanced 0.2 percent to end at 6,598.43.


Read More: https://www.cnbc.com

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