+15,119.8 pts from 25 gainers−2,381.1 pts from 8 losers
net +12,742.0 pts · gainers outweigh losers 6.3 to 1
Stock
Points
Share
Return
DJIAsum of all 33 stocks
+12,742.0
100%
+31.20%
GSGoldman Sachs
+3,482.7
27%
+112.93%
CATCaterpillar
+2,944.0
23%
+136.22%
TRVTravelers
+945.1
7%
+70.33%
JPMJPMorgan Chase
+877.8
7%
+66.28%
VVisa
+719.1
6%
+43.27%
JNJJohnson & Johnson
+689.9
5%
+70.54%
AMGNAmgen
+679.6
5%
+34.60%
AXPAmerican Express
+524.3
4%
+32.74%
AMZNAmazon
+512.6
4%
+45.94%
AAPLApple
+507.8
4%
+36.82%
NVDANvidia
+390.1
3%
+43.10%
MSFTMicrosoft
+385.8
3%
+15.75%
CSCOCisco
+378.4
3%
+121.16%
CVXChevron
+338.8
3%
+38.16%
MMM3M
+316.8
2%
+40.47%
IBMIBM
+249.2
2%
+19.46%
MRKMerck
+242.8
2%
+35.88%
BABoeing
+231.8
2%
+22.64%
WMTWalmart
+195.7
2%
+41.37%
DISDisney
+133.4
1%
+23.96%
KOCoca-Cola
+132.8
1%
+32.10%
HONHoneywell
+114.9
1%
+9.06%
GOOGLAlphabet
+56.9
0%
+2.84%
VZVerizon
+34.9
0%
+13.93%
INTCIntel
+34.4
0%
+24.96%
DOWDow Inc
−25.1
0%
−7.25%
MCDMcDonald's
−104.0
−1%
−6.14%
PGProcter & Gamble
−155.8
−1%
−14.66%
HDHome Depot
−165.5
−1%
−8.02%
SHWSherwin-Williams
−207.7
−2%
−8.74%
NKENike
−274.2
−2%
−52.76%
CRMSalesforce
−334.9
−3%
−21.44%
UNHUnitedHealth
−1,113.9
−9%
−31.70%
Price weighting, illustrated
Microsoft and Verizon moved almost identically (+15.75% vs +13.93%), yet MSFT moved the DJIA 11.0× as much. In a price-weighted index, a higher-priced share simply outvotes a cheaper one.
Attribution map
slicing the +12,742 pt move · cell size = points contributed · color = direction, intensity = return
GS+3,482.7 pts(+112.9%)
CAT+2,944.0 pts(+136.2%)
UNH−1,113.9 pts(−31.7%)
TRV+945.1 pts(+70.3%)
JPM+877.8 pts(+66.3%)
V+719.1 pts(+43.3%)
JNJ+689.9 pts(+70.5%)
AMGN+679.6 pts
AXP+524.3 pts(+32.7%)
AMZN+512.6 pts(+45.9%)
AAPL+507.8 pts(+36.8%)
NVDA+390.1 pts(+43.1%)
MSFT+385.8 pts
CSCO
CVX+338.8 pts(+38.2%)
CRM−334.9 pts(−21.4%)
MMM+316.8 pts
NKE−274.2 pts
IBM
MRK+242.8 pts
BA+231.8 pts
SHW
WMT
PG
DIS
KO
Concentration curve
cumulative share of the +12,742 pt move · sorted by contribution
When they drove it
cumulative points through the period
Breadth
member returns, this period
−75%−25%+25%+75%+125%
From −52.76% (NKE) to +136.22% (CAT). Equal-weight, the DJIA would be +34.88% vs the actual +31.20%; the gap is what price weighting did.
By sector
point contribution · sums to +12,742 pts
Financials5
+6,549.0
Industrials4
+3,607.6
Information Technology7
+1,610.9
Health Care4
+498.4
Energy1
+338.8
Communication Services3
+225.2
Consumer Staples3
+172.7
Consumer Discretionary4
−31.1
Materials2
−232.8
The year, session by session
every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUG
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Dow Jones Industrial Average
What moved the market
2Y · AUG 25, 2026
+31.20%
+12,742.0 pts · closed 53,577.00
25 of 33 rose · 8 fell
GS+112.9%
+3,482.7
CAT+136.2%
+2,944.0
TRV+70.3%
+945.1
JPM+66.3%
+877.8
V+43.3%
+719.1
HD−8.0%
−165.5
SHW−8.7%
−207.7
NKE−52.8%
−274.2
CRM−21.4%
−334.9
UNH−31.7%
−1,113.9
Broad advance · GS led at +3,483 ptsWMTMT.COM
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