Chevron, Dow share gains contribute to Dow’s 164-point climb – MarketWatch

From Google: 2024-08-26 09:45:00

Chevron and Dow’s stock gains lead Dow Jones up by 164 points. Chevron’s shares rose by 1.6%, while Dow climbed 1.3%. Other notable stocks include Caterpillar, Goldman Sachs, and Visa. The S&P 500 increased by 0.9% and the Nasdaq Composite by 1.2%. Oil prices also rose slightly. The European Central Bank announced they will begin tapering its pandemic stimulus program. US retail sales increased by 1.7% in October, surpassing expectations. Unemployment benefits claims hit a 52-year low. These factors contributed to the market’s positive momentum.



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