Buoyed by positive momentum for shares of Boeing and Nike, the Dow Jones Industrial Average is soaring Wednesday afternoon. Shares of Boeing BA, +30.68% and Nike NKE, +11.66% contributed significantly to the index’s intraday rally, as the Dow DJIA, +6.02% is trading 1,215 points (5.9%) higher. Boeing’s shares have climbed $39.32 (30.8%) while those of Nike have climbed $10.08, or 13.9%. A $1 move in any of the index’s 30 components results in a 6.78-point swing.
Dow soars 1,215 points on gains for shares of Boeing, Nike
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