On Tuesday, October 24, Dow Jones industrial average (INDEX: DJI) has updated the record, thanks to strong quarterly reports of the industrial giants Caterpillar and 3M. The maximum rate was 23 472,01 points (as of 18: 48 MSK).
Shares of 3M (NYSE: MMM) rose by 4.7% on the exceeding expectations of financial results. Paper Caterpillar (NYSE: CAT), in turn, rose by 4.9% due to higher profits and sales as well as increase in annual forecasts.
Other stocks included in the Dow Jones show a similar growth on the background of good reports. Among them is United technologies (Ticker NYSE: utx) and McDonald's (NYSE: MCD).
The S&P 500 index (INDEX: SPX) is also growing. This Three quarters of the 97 companies that have published their financial statements Monday that exceeded analysts ' expectations. At 18:48 GMT the S&P 500 is around 2569,43 points.
Last week five trading sessions, the Dow Jones and S&P 500 closed positively.