Dow Jones Surges Amid Strong Arm Gains; Cathie Wood Loads Up On This Stock After 43% Plunge

The Dow Jones Industrial Average surged Thursday, with Goldman Sachs (GS) and Caterpillar (CAT) shining. Chip stock Arm (ARM) rocketed on its IPO debut. Famed fund manager Cathie Wood loaded up on beaten down tech stock Roblox (RBLX), but sold some Tesla (TSLA).

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A number of stocks cleared buy points amid the ebullient action. Cintas (CTAS) and RELX (RELX) staged breakouts, while Booking (BKNG) offers a rebound entry.

Strong Consumer Data Bolsters Stocks

The Producer Price Index…