Dow climbs 70 points on gains for shares of Nike, Dow Inc.

The Dow Jones Industrial Average is climbing Friday afternoon with shares of Nike and Dow Inc. delivering strong returns for the price-weighted average. The Dow DJIA, +0.47% was most recently trading 70 points (0.3%) higher, as shares of Nike NKE, +2.79% and Dow Inc. DOW, +2.36% have contributed to the blue-chip gauge’s intraday rally. Nike’s shares have climbed $3.29, or 2.8%, while those of Dow Inc. have risen $1.32 (2.7%), combining for a roughly 30-point boost for the Dow. Coca-Cola KO, +2.12%, Caterpillar CAT, +2.64%, and 3M MMM, +1.85% are also contributing significantly to the gain. A $1 move in any of the benchmark’s 30 components results in a 6.58-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

Read More Here...

Bookmark the permalink.

Comments are closed.