Dow up 188 points on gains for shares of 3M, Johnson & Johnson
Shares of 3M and Johnson & Johnson are trading higher Friday afternoon, lifting the Dow Jones Industrial Average into positive territory. The Dow
DJIA,
was most recently trading 188 points, or 0.5%, higher, as shares of 3M
MMM,
and Johnson & Johnson
JNJ,
are contributing to the index’s intraday rally. 3M’s shares are up $3.62, or 2.0%, while those of Johnson & Johnson are up $2.45 (1.5%), combining for an approximately 40-point bump for the Dow. Nike
NKE,
Visa
V,
and Microsoft
MSFT,
are also contributing significantly to the gain. A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.
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