Dow's best day of 2014: Gain touches 300 points
Posted on AllSides October 23rd, 2014
From The Left
Stocks are getting a major boost Thursday from a slew of strong earnings reports from companies ranging from heavy equipment maker Caterpillar (CAT) to automaker General Motors (GM).
As of 2:49 p.m. ET, the Dow Jones industrial average is up 1.8% -- a gain of around 300 points. The S&P 500 is climbing 1.7% and the Nasdaq composite is up 2%.
The 10-year Treasury yield is up to 2.285%, a gain of 2.5%.
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