Powered by strong returns for shares of Nike and American Express, the Dow Jones Industrial Average is trading up Tuesday afternoon. The Dow
was most recently trading 301 points, or 1.0%, higher, as shares of Nike
and American Express
have contributed to the index’s intraday rally. Nike’s shares are up $3.39 (3.9%) while those of American Express are up $5.36, or 3.8%, combining for an approximately 58-point boost for the Dow. Other components contributing significantly to the gain include Boeing
A $1 move in any of the Dow’s 30 components equates to a 6.59-point swing.