Wall Street Ends Up With Goldman; Dow Posts Biggest Weekly Rise Since June

Wall Street Ends Up With Goldman; Dow Posts Biggest Weekly Rise Since June
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Oct. 13, 2021. Brendan McDermid/Reuters
Reuters
Updated:

NEW YORK—U.S. stocks rose on Friday and the Dow scored its biggest weekly percentage gain since June, as Goldman Sachs rounded out a week of strong quarterly earnings for the big banks.

Goldman Sachs Group shares jumped 3.8 percent and gave the Dow its biggest boost, as a record wave of dealmaking activity drove a surge in the bank’s quarterly profit.