Dow up 467 points on gains in shares of Verizon, Goldman Sachs

Buoyed by positive gains for shares of Verizon and Goldman Sachs, the Dow Jones Industrial Average is rallying Monday afternoon. Shares of Verizon
VZ,
+3.53%
and Goldman Sachs
GS,
+3.77%
have contributed to the index’s intraday rally, as the Dow
DJIA,
+1.58%
is trading 467 points (1.4%) higher. Verizon’s shares have climbed $1.14 (3.4%) while those of Goldman Sachs are up $9.42, or 3.3%, combining for a roughly 70-point boost for the Dow. Nike
NKE,
+3.90%,
Travelers
TRV,
+3.01%,
and McDonald’s
MCD,
+1.72%
are also contributing significantly to the gain. A $1 move in any of the index’s 30 components equates to a 6.59-point swing.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.