Dow up 375 points on gains for Nike, Honeywell International Inc. shares

Dow up 375 points on gains for Nike, Honeywell International Inc. shares

Buoyed by positive momentum for shares of Nike and Honeywell International Inc., the Dow Jones Industrial Average is rallying Thursday afternoon.

The Dow DJIA, 0.48% was most recently trading 377 points higher (1.2%), as shares of Nike NKE, 0.88% and Honeywell International Inc. HON, 0.45% have contributed around 25% of the index’s intraday rally. Nike’s shares have risen $4.27 (4.0%) while those of Honeywell International Inc. have climbed $7.06, or 3.8%, combining for an approximately 75-point bump for the Dow. Also contributing significantly to the gain are Microsoft MSFT, 0.87%, Walmart WMT, 0.91%, and Cisco CSCO, -1.24%. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.

 

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