Nike, Walgreens Boots share gains lead Dow’s 484-point rally

The Dow Jones Industrial Average is rallying Thursday afternoon with shares of Nike and Walgreens Boots delivering strong returns for the blue-chip average. Shares of Nike
NKE,
+4.13%
and Walgreens Boots
WBA,
+4.22%
are contributing to the blue-chip gauge’s intraday rally, as the Dow
DJIA,
+1.70%
was most recently trading 484 points (1.5%) higher. Nike’s shares are up $4.20 (4.2%) while those of Walgreens Boots are up $0.77 (3.7%), combining for a roughly 33-point bump for the Dow. Other components contributing significantly to the gain include Chevron
CVX,
+3.31%,
Amgen
AMGN,
+2.20%,
and American Express
AXP,
+3.00%.
A $1 move in any one of the 30 components of the index results in a 6.59-point swing.