The Main Points
- The Dow Jones Industrial Average climbed 537.24 points, or 1.03%, to close at 52,747.32 — its third straight winning day.
- Sherwin-Williams rose 8% after posting better-than-expected second-quarter results.
- Coca-Cola popped 5% on a beat on both revenue and profit, plus a raised full-year outlook.
- The S&P 500 added 0.21% to close at 7,428.78, while the Nasdaq Composite slipped 0.22% to 24,876.91.
- Chip stocks continued to lag, with the VanEck Semiconductor ETF falling more than 3% for a fourth straight day as investors rotated into other parts of the market.