The Dow Jones Industrial Average is rallying Friday morning with shares of Nike and Dow leading the way for the price-weighted average. Shares of Nike NKE, +4.49% and Dow DOW, +5.19% have contributed to the index’s intraday rally, as the Dow DJIA, -0.16% is trading 467 points (1.5%) higher. Nike’s shares are up $7.08, or 7.8%, while those of Dow are up $3.25 (7.0%), combining for an approximately 68-point boost for the Dow. Also contributing significantly to the gain are American Express AXP, +3.12%, Caterpillar CAT, +2.43%, and Intel INTC, +2.15%. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.