Nike, Boeing share gains lead Dow's 513-point rally

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Shares of Nike and Boeing are trading higher Tuesday afternoon, propelling the Dow Jones Industrial Average rally. The Dow DJIA, +1.44% was most recently trading 513 points, or 1.5%, higher, as shares of Nike NKE, +3.98% and Boeing BA, +3.34% have contributed around 25% of the index’s intraday rally. Nike’s shares are up $5.43 (4.1%) while those of Boeing are up $7.04 (3.9%), combining for an approximately 82-point boost for the Dow. Other components contributing significantly to the gain include Walt Disney DIS, +3.20%, Johnson & Johnson JNJ, +3.11%, and 3M MMM, +2.66%. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.