3 Stocks Pushing the Dow Higher
The Dow Jones Industrial Average (NYSE:DIA) is up over 11,640 today. These three stocks are leading the index.
Alcoa (NYSE:AA): Goldman Sachs (NYSE:GS) raised its outlook on the sector saying “We believe the recent pullback in metals (NYSE:XLB) & mining stocks (NYSE:GDX) has created a particularly attractive entry point for select names.” Alcoa is up over 3% as the best performing Dow stock of the day.
Caterpillar (NYSE:CAT): Caterpillar is up over 2% after industrial competitor Joy Global (NASDAQ:JOYG) raised its full-year earnings per share guidance to $5.70 to $6.00, a 40 cents a share increase from the mining equipment maker’s prior guidance. Get all the details in your Joy Global Inc. Earnings Cheat Sheet: Profit Rises Behind Revenue Boost.