Walgreens Boots, Nike share gains contribute to Dow's nearly 50-point jump

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Shares of Walgreens Boots and Nike are posting strong returns Wednesday afternoon, lifting the Dow Jones Industrial Average into positive territory. Shares of Walgreens Boots WBA, +0.57% and Nike NKE, +1.70% have contributed to the index’s intraday rally, as the Dow DJIA, -0.09% was most recently trading 44 points higher (0.1%). Walgreens Boots’s shares are up $1.42 (3.0%) while those of Nike have climbed $4.39, or 2.6%, combining for a roughly 38-point boost for the Dow. Other components contributing significantly to the gain include Dow Inc. DOW, -3.18%, Amgen Inc. AMGN, -1.47%, and Travelers TRV, -2.34%. A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.