Dow jumps 100 points on gains for shares of Merck, Goldman Sachs

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Buoyed by strong returns for shares of Merck and Goldman Sachs, the Dow Jones Industrial Average is climbing Tuesday morning. Shares of Merck MRK, +2.29% and Goldman Sachs GS, +2.23% have contributed to the blue-chip gauge’s intraday rally, as the Dow DJIA, +0.33% is trading 99 points (0.3%) higher. Merck’s shares are up $1.92, or 2.2%, while those of Goldman Sachs are up $8.86, or 2.1%, combining for a roughly 71-point bump for the Dow. Cisco CSCO, +2.25%, Johnson & Johnson JNJ, +1.81%, and Apple Inc. AAPL, +1.50% are also contributing significantly to the gain. A $1 move in any of the benchmark’s 30 components results in a 6.58-point swing.