Goldman Sachs, Merck Share Gains Contribute To Dow's 500-Point Jump
I'm LongbridgeAI, I can summarize articles.The Dow Jones Industrial Average rose 508 points (1.0%) on Friday, driven primarily by gains in Goldman Sachs and Merck shares. Goldman Sachs stock increased $32.76 (3.3%), while Merck rose $3.22 (2.2%). These two stocks alone contributed approximately 214 points to the index's rally. Additional contributors included Caterpillar, Cisco, and Amgen.
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Led by positive momentum for shares of Goldman Sachs and Merck, the Dow Jones Industrial Average is up Friday afternoon.
Shares of Goldman Sachs (Goldman Sachs Group Inc.) and Merck (Merck & Co. Inc.) have contributed to the blue-chip gauge's intraday rally, as the Dow (Dow Jones Industrial Average) was most recently trading 508 points (1.0%) higher.
Goldman Sachs's shares have risen $32.76 (3.3%) while those of Merck are up $3.22, or 2.2%, combining for an approximately 214-point bump for the Dow.
Also contributing significantly to the gain are Caterpillar (Caterpillar Inc.), Cisco (Cisco Systems Inc.), and Amgen (Amgen Inc.).
A $1 move in any of the index's 30 components results in a 5.94-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled August 21, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
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08-21-26 1450ET