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July 10, 2020, 2:19 p.m. EDT

JPMorgan Chase, Goldman Sachs share gains contribute to Dow's 275-point rally

By MarketWatch Automation

Shares of JPMorgan Chase and Goldman Sachs are seeing strong returns Friday afternoon, propelling the Dow Jones Industrial Average rally. Shares of JPMorgan Chase (NYS:JPM) and Goldman Sachs (NYS:GS) have contributed around a third of the blue-chip gauge's intraday rally, as the Dow (DOW:DJIA) was most recently trading 276 points, or 1.1%, higher. JPMorgan Chase's shares have risen $4.76 (5.2%) while those of Goldman Sachs have risen $8.20, or 4.2%, combining for a roughly 89-point bump for the Dow. Boeing (NYS:BA) , Travelers (NYS:TRV) , and Dow Inc. (NYS:DOW) are also contributing significantly to the gain. A $1 move in any of the benchmark's 30 components equates to a 6.86-point swing.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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