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The Latest Breaking News from NIke

Stocks See Support as Weak U.S. Deflator Supports Fed Rate-Cut Expectations

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.19%. Stocks are mildly higher on support from a larger-than-expected...

Barchart

Dow Jones Holds Up Despite Nike Sell-Off; Inflation Cools, But Chinese Stocks Plunge On Clampdown News

The Dow Jones was in rally mode near midday Friday, helped by another cool reading on inflation. But a couple of Chinese stocks fell sharply.

Investors Business Daily

Inflation Data Softens, S&P 500 & Nasdaq Rise; Nike Dips

Get ready for a promising start as S&P 500 and Nasdaq gear up for a higher open following mild inflation data. Meanwhile, Nike takes a slight dip.

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Markets Today: Stocks See Support from Favorable U.S. Deflator Report

Morning Markets March E-Mini S&P 500 futures (ES H24) are up +0.21%, and March Nasdaq 100 E-Mini futures (NQH2 4) are up +0.26%. Stock index futures this morning are slightly higher on support from a larger-than-expected decline in the U.S. PCE deflator report, which was dovish for Fed policy. T-note...

Barchart

Nike Revenue, Consumer Warning Slams Dow Giant, Hits Several Retail Stocks

Nike stock plunged Friday after warning of "softer" revenue, citing weaker consumers. Several peers and rival retail stocks also retreated.

Investors Business Daily

Dow Jones Rises On Key Inflation Data; Nike Stock Dives On Earnings

The Dow Jones Industrial Average rose Friday after key inflation data. Nike stock plunged 12% on weak revenue guidance.

Investors Business Daily

Nike tanks after slashing sales forecast on sportswear demand weakness

Nike said it sees weakness in sportswear demand, as well as currency headwinds, for the second half of its financial year.

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Stock Market Today: Stocks start Santa Claus rally early as Fed inflation gauge cools

Stocks are holding on to their longest weekly winning streak since 2017, heading into the final few trading session of the year.

The Street

S&P Futures Tread Water as Key U.S. Inflation Data Looms, Nike Results Disappoint

March S&P 500 E-Mini futures (ESH24) are trending down -0.07% this morning as investors braced for a flurry of U.S. economic data, with a particular focus on the Federal Reserve’s preferred inflation metric.

Barchart

Nike to axe hundreds of jobs in bid to save $2bn amid sales slump

US sportswear brand announces job cuts and simplification of product ranges in ‘streamlining’ of operations

The Guardian - UK

Nike Tiptoes as Consumer Spending Sinks, Stock Forecast Shrinks

Nike's shares stumble as lackluster consumer spending forces the company to revise its forecast, leaving investors uneasy. Will they bounce back?

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Investors Business Daily

Nike Stock Dives On Earnings, Revenue Guidance, As Dow Giant Plans To 'Streamline' Business

Nike earnings topped views while revenue was in line. The Dow giant aims to "streamline" operations to slash costs. Nike stock tumbled late.

Chicago Sun-Times

The 10 best movies of 2023: ‘Oppenheimer’ made with detailed care that no film can match

The year also brought standout titles about murders of Native Americans, Michael Jordan’s Nike deal and a doll leaving her pink wonderland.

Investors Business Daily

Dow Jones Futures Fall As Nike Dives; Apple Leads Six Stocks To Watch With Inflation Data Due

The major indexes rebounded Thursday, with the Fed's favorite inflation data due. Apple and Carnival lead stocks to watch.

Investors Business Daily

Dow Jones Rallies As Nike Plunges On These Worries; Tesla Stock Leads Magnificent Seven

The Dow Jones rallied. Nike stock plunged after a disappointing report. Tesla led the Magnificent Seven Higher but Apple stock lagged.

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International Business Times

Cristiano Ronaldo Net Worth 2024: Amassing Wealth On And Off The Soccer Field

Cristiano Ronaldo's net worth in 2024 may be one of the highest when it comes to world athletes, and it is easy to see why.

Barchart

Stocks Climb Before the Open as Investors Await Key U.S. GDP Data, Nike Earnings on Tap

March S&P 500 E-Mini futures (ESH24) are up +0.50%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.67% this morning, rebounding from the previous day’s sell-off, while market participants geared up for a new round of U.S. economic data and awaited an earnings report from footwear and sports apparel…

Coach

I Reviewed More Than 50 New Running Shoes In 2023, Here Are My Five Favorites

Highlights of 2023 include the best Nike Vaporfly yet and a return to form for the Adidas Boston

Marie Claire

As Mary Earps becomes the first ever goalkeeper to win BBC Sports Personality of the Year: 6 surprising fun facts you didn't know about her

The former MC UK Guest Editor is a jack of all trades.

The Guardian - US

Rare Air Jordans made for Spike Lee fetch $50,000 for homelessness charity

The shoes – which debuted as Lee’s footwear at the 2019 Academy Awards – were found in a clothing donation bin in Portland, Oregon

The Guardian - UK

Mary Earps receives Nike promise to avoid another women’s replica shirt row

Mary Earp has said ‘representation, visibility, is so important’ after she revealed Nike will ensure her shirt will be readily available for sale

The Independent UK

Mary Earps hits out at Manchester United transfer speculation: ‘It’s an injustice’

Earps, who capped an incredible 2023 by being voted the BBC’s Sports Personality of the Year, has been linked with a move to Arsenal

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