Dow up nearly 575 points on gains for shares of Walgreens Boots, Nike

Shares of Walgreens Boots and Nike are posting strong returns Thursday afternoon, leading the Dow Jones Industrial Average rally. The Dow
DJIA,
+1.70%
is trading 571 points, or 1.7%, higher, as shares of Walgreens Boots
WBA,
+4.22%
and Nike
NKE,
+4.16%
have contributed to the blue-chip gauge’s intraday rally. Walgreens Boots’s shares are up $0.88 (4.2%) while those of Nike are up $4.13 (4.1%), combining for a roughly 33-point bump for the Dow. Also contributing significantly to the gain are Chevron
CVX,
+3.32%,
Caterpillar
CAT,
+3.14%,
and American Express
AXP,
+3.00%.
A $1 move in any one of the 30 components of the Dow 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.