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