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

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,
+3.98%

and Nike
NKE,
+3.18%

have contributed to the index’s intraday rally, as the Dow
DJIA,
+1.07%

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,
+2.88%
,
Microsoft
MSFT,
+2.87%
,
and Cisco
CSCO,
+2.56%

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.

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