Dow jumps 100 points on gains for shares of Merck, Goldman Sachs

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DOW UPDATE

Buoyed by strong returns for shares of Merck and Goldman Sachs, the Dow Jones Industrial Average is climbing Tuesday morning. Shares of Merck and Goldman Sachs have contributed to the blue-chip gauge’s intraday rally, as the Dow is trading 99 points (0.3%) higher. Merck’s shares are up $1.92, or 2.2%, while those of Goldman Sachs are up $8.86, or 2.1%, combining for a roughly 71-point bump for the Dow. Cisco Johnson & Johnson and Apple Inc. are also contributing significantly to the gain. A $1 move in any of the benchmark’s 30 components results in a 6.58-point swing.

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