The Dow Jones Industrial Average climbed toward a fresh record Tuesday, lifted by gains in bank stocks. The blue-chip index added 60 points, or 0.3%, to 21952 in morning trading, putting it within striking distance of the 22000 milestone. Goldman Sachs Group added 1.2%, contributing about 20 points to the Dow industrials’ gains, while J.P. Morgan Chase rose 1.1%. Energy giant BP PLC rose 2.6% after the company returned to profitability in the second quarter on recovering oil prices. Eurozone economic growth gathered pace in the second quarter, coming in roughly in line with economists’ expectations, data showed Tuesday.

Source: Wall Street Journal August 01, 2017 02:13 UTC