TELETRADER News
11/2/2021, 4:40 PM (Source: TeleTrader)
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Dow jumps 100 points, hits record high

Major stock markets in the United States traded in the green on Tuesday after a mixed open. Investors focused on corporate earnings as Pfizer topped estimates with revenue of $24.1 billion in the third quarter. Meanwhile, companies including T-Mobile, Lyft, Amgen and Mondelez are set to report after the bell.

The Dow Jones Industrial Average jumped 0.31% or 112 points at 11:37 am ET to reach a new all-time high. The best performer was Merck, whose shares climbed 2.40% at 11:41 am ET.

The Nasdaq 100 added 0.35% at 11:40 am ET with Moderna, up 2.86%, leading the gains.

The S&P 500 rose 0.36% at 11:40 am ET. Arista Networks soared over 20% and Under Armour rallied more than 16%.

Baha Breaking the News (BBN) / NP