Dow's 350-point Rally Led By Gains In Microsoft, Nike Stocks
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Shares of Microsoft and Nike are seeing strong returns Thursday morning, leading the Dow Jones Industrial Average rally. The Dow was most recently trading 352 points higher (1.1%), as shares of Microsoft (MSFT) and Nike (NKE) are contributing to the index's intraday rally. Microsoft's shares are up $6.95, or 2.6%, while those of Nike have gained $2.84 (2.4%), combining for a roughly 65-point boost for the Dow. Also contributing significantly to the gain are Intel (INTC), Dow (DOW), and Boeing (BA). A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 10:46 ET (14:46 GMT)
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