Buoyed by strong returns for shares of Nike and Dow Inc., the Dow Jones Industrial Average is up Friday afternoon. Shares of Nike NKE, +2.79% and Dow Inc. DOW, +2.36% have contributed to the index’s intraday rally, as the Dow DJIA, +0.47% is trading 68 points, or 0.3%, higher. Nike’s shares have climbed $3.08 (2.7%) while those of Dow Inc. are up $1.10 (2.3%), combining for an approximately 27-point bump for the Dow. Other components contributing significantly to the gain include Caterpillar CAT, +2.64%, Coca-Cola KO, +2.12%, and 3M MMM, +1.85%. A $1 move in any one of the 30 components of the Dow equates to a 6.58-point swing.
Dow's 68-point climb led by gains for Nike, Dow Inc. stocks
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