Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note
Stock Market Today: Stocks Close Out Fed Week on a Quiet Note
Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued to swirl around the Federal Reserve's jumbo-sized rate cut from earlier this week, today's headlines centered mostly on single-stock news, including Nike's ( NKE) big C-suite shake-up.
Stock Market Today: Dow rises modestly as stocks aim for weekly gains in post-Fed rally
Shares of Nike Inc. were rallying Friday, with the sneaker and sportswear giant climbing more than 6% in afternoon trading. That made Nike the top-performing stock in the Dow Jones Industrial Average for Friday’s trading session so far,
Amid CEO Shakeup and Stock Slump, Wall Street Is Still Bullish on Nike
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three million shares, or 0.2 percent, of Nike this spring. His stake is currently worth about $250 million.
Stock market today: Wall Street drifts near its records as FedEx slumps and Nike sprints higher
Wall Street is quieter on Friday, and U.S. stocks are drifting after they leaped to records the day before during a worldwide rally. The S&P 500 was 0.1% lower in early trading but still on track for its fifth winning week in the last six.
Stock Market Today: Dow futures retreat from record high following Fed-rate-cut rally
Oil futures fell Friday but were on track for strong weekly gains, lifted by the combination of a large Federal Reserve rate cut and renewed Middle East tensions after a stunning series of communication-device explosions targeting operatives of Iran-backed Hezbollah in Lebanon.
Stock market today: Wall Street closes out a record-setting week on a quiet note
A record-setting week for Wall Street closed on a quieter note. U.S. stocks mostly pulled back from their highs hit during a worldwide rally the day before, even as the
Stock market today: Wall Street edges back from its records as FedEx slumps
FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority services,
Stock market today: Wall Street romps toward records as jubilation sweeps markets worldwide
Wall Street is leaping toward records as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.9% higher in Thursday
Stock market today: Wall Street wavers a day after setting record highs
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally
The Score: Intuitive Machines, Intel, Nike and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news.
Nike (NKE) Receives a Rating Update from a Top Analyst
Oppenheimer analyst Brian Nagel maintained a Buy rating on Nike (NKE – Research Report) today and set a price target of $120.00. The ...
These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, and More
Stocks were modestly lower Friday, a day after the Dow Jones Industrial Average and S&P 500 closed at record highs following ...
Consumer Stocks Rise as Nike Picks New Leader -- Consumer Roundup
Elliott Hill, who in 2020 retired as the company's president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe will also step down ...
Nike Stock Rallies on CEO Switch: What to Know
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
Why Nike Stock Is Running Higher Friday
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
Unpacking the Latest Options Trading Trends in Nike
Today, Benzinga 's options scanner spotted 8 uncommon options trades for Nike. This isn't normal. The overall sentiment of ...
California Masons Present a Record-Setting $55,198 Donation to Angels Nike RBI League, Surpassing $2.3MM Donated Since 2009
After seven years of partnership, the Masons of California, in affiliation with the Angels Nike RBI League, is proud to announce that they have raised a record-setting $55,198 this season for youth ...