{"id":78575,"date":"2023-10-30T15:32:12","date_gmt":"2023-10-30T19:32:12","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/verizon-nike-share-gains-contribute-to-dows-379-point-rally\/"},"modified":"2023-10-30T15:32:15","modified_gmt":"2023-10-30T19:32:15","slug":"verizon-nike-share-gains-contribute-to-dows-379-point-rally","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=78575","title":{"rendered":"Verizon, Nike share gains contribute to Dow&#8217;s 379-point rally"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"AI-DOW-412531867220\" role=\"document\">\n<p>The Dow Jones Industrial Average is rallying Monday afternoon with shares of Verizon and Nike leading the way for the index. The Dow<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"positive\">+1.71%<\/bg-quote><br \/>\n       was most recently trading 379 points (1.2%) higher, as shares of Verizon<br \/>\n        VZ,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204980236\/composite\" class=\"positive\">+3.83%<\/bg-quote><br \/>\n       and Nike<br \/>\n        NKE,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203439053\/composite\" class=\"positive\">+3.87%<\/bg-quote><br \/>\n       are contributing to the index&#8217;s intraday rally. Verizon&#8217;s shares have climbed $1.14, or 3.4%, while those of Nike have gained $2.77, or 2.8%, combining for a roughly 26-point bump for the Dow. Other components contributing significantly to the gain include Goldman Sachs<br \/>\n        GS,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209237603\/composite\" class=\"positive\">+3.88%<\/bg-quote><span>,<\/span><br \/>\n       McDonald&#8217;s<br \/>\n        MCD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203508018\/composite\" class=\"positive\">+2.03%<\/bg-quote><span>,<\/span><br \/>\n       and Travelers<br \/>\n        TRV,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206313935\/composite\" class=\"positive\">+3.09%<\/bg-quote><span>.<\/span><br \/>\n       A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/verizon-nike-share-gains-contribute-to-dow-s-379-point-rally-951eca3e-685622696da8?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average is rallying Monday afternoon with shares of Verizon and Nike leading the way for the index. The Dow DJIA, +1.71% was most recently trading 379 points (1.2%) higher, as shares of Verizon VZ, +3.83% and Nike NKE, +3.87% are contributing to the index&#8217;s intraday rally. Verizon&#8217;s shares have climbed $1.14, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-78575","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Verizon, Nike share gains contribute to Dow&#039;s 379-point rally | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The Dow Jones Industrial Average is rallying Monday afternoon with shares of Verizon and Nike leading the way for the index. 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