The Dow Jones Industrial Average (DJIA) saw an uptick on Friday, driven by robust performances from JPMorgan Chase (NYSE:NYSE:JPM) and UnitedHealth Group (NYSE:NYSE:UNH), according to an analysis of FactSet data by Automated Insights. The DJIA traded 262 points or 0.77% higher, with the two companies contributing a combined 151-point boost.
JPMorgan Chase led the surge, with its shares climbing 4.33%, or $6.03, topping the DJIA components and bringing its year-to-date gain to 13.3%. UnitedHealth Group followed suit, with its shares rising 3.43%, or $16.95.
Furthermore, American Express (NYSE:NYSE:AXP), Goldman Sachs (NYSE:GS), and Caterpillar (NYSE:NYSE:CAT) also contributed significantly to the DJIA's rise. American Express shares advanced 1.25%, Goldman Sachs increased by 1.29%, and Caterpillar rose by 1.21%. It's worth noting that any $1 change in any of the Dow's 30 components results in a 6.59-point shift.
On the other hand, not all DJIA components fared well on Friday. Boeing (NYSE:NYSE:BA) experienced a daily decline of 2.6% and a yearly drop of 2.2%, making it the day's worst performer. IBM (NYSE:IBM) also saw its shares fall by 1%.
These market shifts were highlighted in a MarketNewsVideo.com video and reported on COMTEX at exactly 10:50:19 on Friday.
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