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.
