Dow edges closer to 20 000 as banks, industrials gain

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
iStock

New York - Wall Street stocks pushed higher on Tuesday with the Dow nudging closer to 20 000 points behind strong gains by banking and industrial shares.

Goldman Sachs, JPMorgan Chase and Caterpillar all won more than one percent as the Dow climbed to within 13 points of the milestone early in the session before retreating somewhat.

"There's still a positive flow to the market, it seems a party that investors want to be part of," said Jack Ablin of BMO Private Bank in Chicago.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
USD/ZAR
14.07
+0.2%
GBP/ZAR
19.88
+0.2%
EUR/ZAR
17.08
+0.3%
AUD/ZAR
11.02
+0.2%
JPY/ZAR
0.13
+0.1%
Gold
1,836.03
0.0%
Silver
27.34
+0.1%
Palladium
2,961.11
-0.0%
Platinum
1,249.17
-0.1%
Brent Crude
68.32
+0.1%
Top 40
62,389
0.0%
All Share
68,377
0.0%
Resource 10
72,112
0.0%
Industrial 25
85,665
0.0%
Financial 15
12,740
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 1403 votes
No, I did not.
52% - 3512 votes
My landlord refused
27% - 1859 votes
Vote