Dow flat despite gains for Coca-Cola, McDonald’s shares

Dow flat despite gains for Coca-Cola, McDonald’s shares

The Dow Jones Industrial Average is up Friday afternoon with shares of Coca-Cola and McDonald’s seeing positive gains for the blue-chip average.

Shares of Coca-Cola KO, +2.24% and McDonald’s MCD, +1.84% have contributed to the index’s intraday rally, as the Dow DJIA, +0.18% was most recently trading 10 points higher (0.0%). Coca-Cola’s shares are up $1.00, or 2.0%, while those of McDonald’s are up $3.77 (1.8%), combining for a roughly 31-point bump for the Dow. Amgen Inc. AMGN, +1.91%, Salesforce.com Inc. CRM, +1.86%, and Chevron CVX, +0.95% are also contributing significantly to the gain. A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.

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