Stock Market Today: Strong Start to Earnings Season Sends Dow Higher

Goldman Sachs' (GS) record Q1 and a strong day for Chevron (CVX) helped keep the Dow in positive territory on an otherwise choppy Wednesday.

Goldman Sachs Tower in New Jersey
(Image credit: Getty Images)

The Dow Jones Industrial Average was the clear winner among the blue-chip indexes Wednesday as Wall Street got its initial taste of 2021's Q1 earnings season.

The industrial average gained a modest 0.2% to finish at 33,730 with help from Goldman Sachs (GS, +2.3%), which jumped after the investment bank reported record first-quarter profits.

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Kyle Woodley was long RBLX as of this writing.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.