Market Indexes Rally as Tesla and Goldman Sachs Take the Wheel
Goldman Sachs delivered nearly a third of the Dow's gain Thursday. So what did the bank announce? Nothing at all.
Overview
On Wednesday, I suggested that the rest of the week should be calm. Maybe I jinxed the market in a bullish way. Stocks rallied broadly on Thursday.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 1.3% as of 1:29 p.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) climbed 1.1%, and the S&P 500 (SNPINDEX: ^GSPC) added 1%. All three indexes are now slightly up from last Thursday's closing scores. Yesterday, they seemed destined for a down week.
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Originally published at www.fool.com.
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