The Dow Jones Industrial Average rallied Monday, as earnings season continues. Goldman Sachs jumped on better-than-expected earnings results. Read More...
MarketWatch
Dow jumps over 300 points as Goldman reports strong earnings, traders pare Fed hike expectations
U.S. stocks opened higher after stronger-than-expected quarterly results from Goldman Sachs, building on gains seen as expectations of an aggressive Federal Reserve interest rate hike eased. The Dow Jones Industrial Average (DJIA) rose 328 points, or 1%, to 31,617. On Friday, the Dow rose 658 points, or 2.2%, as it and the S&P 500 and the Nasdaq Composite trimmed weekly losses.