Dow Surges as JPMorgan, Goldman Sachs Lead; Intel Soars on Apple Rumor
The Dow Jones Industrial Average experienced a notable increase following the Thanksgiving holiday. This surge occurred during a shortened trading session on Black Friday.
Key Players in the Market
JPMorgan Chase (JPM) and Goldman Sachs (GS) played pivotal roles as leading contributors to the Dow’s rise. Their strong performance helped bolster the index significantly.
Intel’s Remarkable Performance
Meanwhile, Intel Corporation (INTC) emerged as the top performer in the Nasdaq 100. Positive speculation surrounding Apple contributed to Intel’s surge, capturing investor attention.
Market Movement Summary
- The Dow Jones rose by 0.6% during the session.
- JPMorgan and Goldman Sachs were early trading leaders.
- Intel saw the most substantial gains on the Nasdaq 100.
This combination of factors indicates a robust day for major financial institutions and tech stocks alike, highlighting a promising end to the week in the market.