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Nike shares tumbled 20% in their worst day on record, dragging down the Dow and S&P 500, which fell 0.1% and 0.4%, respectively. The Nasdaq lost 0.7%.
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The Wall Street Journal - World
Stocks advanced as second-half trading began on U.S. exchanges, lifting the S&P 500 and Dow by 0.3% and 0.1%, respectively, while the Nasdaq rose 0.8% to a record.
Stocks advanced as second-half trading began on U.S. exchanges, lifting the S&P 500 and Dow by 0.3% and 0.1%, respectively, while the Nasdaq rose 0.8% to a record. -
The Wall Street Journal - World
The S&P 500 and Nasdaq rose for a third straight session, gaining nearly 0.1% and 0.3%, respectively, while the Dow added nearly 0.1%.
The S&P 500 and Nasdaq rose for a third straight session, gaining nearly 0.1% and 0.3%, respectively, while the Dow added nearly 0.1%. -
Financial Times - Business
Nike shares tumble 20% as sales warning rattles retailers
Sportswear maker says it is taking aggressive action to reorganise inventory after weaker than expected quarter -
CNBC - Business
Nike CEO John Donahoe comes under fire as stock sees worst day on record
Nike's CEO John Donahoe has helmed the sneaker giant for nearly five years, but under his watch, its stock has underperformed and its lost market share. -
MarketWatch - Business
The S&P 500 is blowing past the Dow by double digits — here’s why that will change
Nvidia and Meta Platforms are two reasons for the S&P 500’s outperformance. -
MarketWatch - Business
These 20 stocks have been the S&P 500’s biggest losers so far in 2024
The S&P 500 is up nearly 16% so far this year with dividends reinvested. Artificial intelligence has been the big theme driving gains for Big Tech, especially Nvidia Corp. But 38% of the S&P 500 have had negative returns during the first half of ... -
The Wall Street Journal - World
Puma, Adidas and JD Sports shares fell after U.S. peer Nike warned that sales for fiscal 2025 are expected to fall.
Puma, Adidas and JD Sports shares fell after U.S. peer Nike warned that sales for fiscal 2025 are expected to fall. -
MarketWatch - Business
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.
A list of 20 standout stocks during the first half of 2024 includes names riding the AI wave, but also a few surprises. -
The Wall Street Journal - World
S&P 500 Holds Steady; 'Roaring Kitty' Backs Chewy
U.S. stocks held broadly steady as the second half of 2024 began.
More from The Wall Street Journal
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The Wall Street Journal - World
Anglo American suffered a potential setback to its plan to sell steelmaking-coal assets after suspending production at the Grosvenor mine in Queensland, Australia, following a fire.
Anglo American suffered a potential setback to its plan to sell steelmaking-coal assets after suspending production at the Grosvenor mine in Queensland, Australia, following a fire. -
The Wall Street Journal - World
An investigation into conditions at Italian factories found that workshops making leather goods for Dior and Armani exploited foreign labor to produce high-end products at a fraction of their retail price.
An investigation into conditions at Italian factories found that workshops making leather goods for Dior and Armani exploited foreign labor to produce high-end products at a fraction of their retail price. -
The Wall Street Journal - World
"Roaring Kitty" Keith Gill disclosed a 6.6% stake in online pet-products retailer Chewy, days after an ambiguous social-media post sparked speculation about his next move.
“Roaring Kitty” Keith Gill disclosed a 6.6% stake in online pet-products retailer Chewy, days after an ambiguous social-media post sparked speculation about his next move. -
The Wall Street Journal - World
Duluth, Ga., based Delta Apparel filed for Chapter 11 bankruptcy with a deal in hand to sell its Salt Life brand.
Duluth, Ga., based Delta Apparel filed for Chapter 11 bankruptcy with a deal in hand to sell its Salt Life brand. -
The Wall Street Journal - World
The owner of video-rental company Redbox filed for bankruptcy after accumulating nearly $1 billion in debt, saying its lenders were unwilling to cooperate with potential refinancings.
The owner of video-rental company Redbox filed for bankruptcy after accumulating nearly $1 billion in debt, saying its lenders were unwilling to cooperate with potential refinancings.