Dow Jones rose 0.47% on Wednesday

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Source: Dukascopy Bank SA

Dow Jones Industry Average Index halted its downward move, adding 0.47% on Wednesday.  Almost all sectors within the index went higher, with industrials and telecommunications posting the largest gains. Boeing was the top-performer, soaring 2.78%. The aircraft giant reported earnings that beat forecasts due to an increase in airplane deliveries. Meanwhile, Caterpillar soared 1.44% after the firm announced larger than expected profit in Q2 and raised its full-year earnings forecast. Financials also moved higher, with shares of JPMorgan Chase & Co and Bank of America surging 1.27% and 0.43%. At the same time, technology stocks were mixed, with Microsoft falling 1.13% and Intel rising 0.44%.

 

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