Dow’s 109-point jump highlighted by gains in shares of Goldman Sachs, Nike

Dow’s 109-point jump highlighted by gains in shares of Goldman Sachs, Nike

Led by positive growth for shares of Goldman Sachs and Nike, the Dow Jones Industrial Average is trading up Wednesday morning.

The Dow DJIA, +0.27% was most recently trading 109 points, or 0.4%, higher, as shares of Goldman Sachs GS, +1.27% and Nike NKE, +0.46% have contributed to the index’s intraday rally. Goldman Sachs’s shares have gained $5.96 (2.0%) while those of Nike have risen $1.89, or 1.8%, combining for a roughly 52-point boost for the Dow. Home Depot HD, +1.38%, McDonald’s MCD, +2.02%, and Microsoft MSFT, +1.47% are also contributing significantly to the gain. A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.

 

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