Dow jumps nearly 300 points on gains in shares of Honeywell International Inc., Nike

view original post

Behind positive growth for shares of Honeywell International Inc. and Nike, the Dow Jones Industrial Average is climbing Thursday afternoon. Shares of Honeywell International Inc. HON, +3.80% and Nike NKE, +3.96% have contributed to the index’s intraday rally, as the Dow DJIA, +1.15% was most recently trading 294 points, or 0.9%, higher. Honeywell International Inc.’s shares have gained $6.34, or 3.5%, while those of Nike have climbed $3.28, or 3.0%, combining for an approximately 63-point bump for the Dow. Walmart WMT, +2.33%, Microsoft MSFT, +3.21%, and Cisco CSCO, +2.16% are also contributing significantly to the gain. A $1 move in any of the index’s 30 components equates to a 6.59-point swing.