Dow up 50 points on gains in shares of Dow, Nike

Shares of Dow and Nike are trading higher Friday morning, propelling the Dow Jones Industrial Average into positive territory. Shares of Dow DOW, +5.05% and Nike NKE, +4.23% are contributing to the blue-chip gauge’s intraday rally, as the Dow DJIA, +0.04% was most recently trading 49 points (0.2%) higher. Dow’s shares are up $2.57 (5.5%) while those of Nike have risen $4.43, or 4.9%, combining for a roughly 46-point bump for the Dow. Other components contributing significantly to the gain include American Express AXP, +3.40%, Caterpillar CAT, +2.52%, and Intel INTC, +2.50%. A $1 move in any of the Dow’s 30 components 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.

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