Johnson & Johnson's stock surge lifts the Dow into positive territory after baby powder tests show no asbestos

Shares of Johnson & Johnson JNJ, +2.88% rallied 2.5% in midday trading, enough to lift the Dow Jones Industrial Average DJIA, +0.43% into positive territory, after the consumer and healthcare products company said new tests on baby powder from a recalled bottle found no asbestos. The stock's $3.24 price gain added 22 points to the Dow's price, which was up 20 points. J&J said late Tuesday that it conducted 15 new tests on the same bottle that a previous test by the U.S. Food and Drug Administration found "sub-trace levels"...