Dow up nearly 350 points on gains in shares of Nike, Microsoft

Behind strong returns for shares of Nike and Microsoft, the Dow Jones Industrial Average is rallying Monday morning. The Dow
DJIA,
+0.93%
was most recently trading 340 points, or 1.0%, higher, as shares of Nike
NKE,
+2.13%
and Microsoft
MSFT,
+1.50%
are contributing to the blue-chip gauge’s intraday rally. Nike’s shares are up $2.38 (2.4%) while those of Microsoft are up $7.31 (2.2%), combining for a roughly 64-point boost for the Dow. Also contributing significantly to the gain are Salesforce
CRM,
+1.93%,
Intel
INTC,
+1.64%,
and Caterpillar
CAT,
+1.06%.
A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.