Johnson and Johnson Stocks – Nike, Johnson & Johnson share gains contribute to Dow’s nearly 150-point jump

The Dow Jones Industrial Average is trading up Friday morning with shares of Nike and Johnson & Johnson seeing positive gains for the price-weighted average. Shares of Nike
NKE,
+1.73%
and Johnson & Johnson
JNJ,
+1.73%
have contributed to the index’s intraday rally, as the Dow
DJIA,
+0.46%
is trading 140 points, or 0.5%, higher. Nike’s shares have gained $2.44 (1.7%) while those of Johnson & Johnson are up $2.47, or 1.5%, combining for an approximately 32-point boost for the Dow. Other components contributing significantly to the gain include American Express
AXP,
+1.82%,
Honeywell International Inc.
HON,
+1.33%,
and Coca-Cola
KO,
+1.40%.
A $1 move in any one of the 30 components of the index results in a 6.58-point swing.