U.S. stocks opened higher on Wednesday with the main U.S. indexes on track to book back-to-back gains for the first time in a week as earnings from Nike Inc. NKE, +14.89% and FedEx Corp. FDX, +2.70% bolstered sentiment.
The S&P 500 SPX, +0.88% gained 24 points, or 0.6%, to 3,845, according to FactSet data. The Dow Jones Industrial Average DJIA, +0.99% rose 300 points, or 0.9%, to 33,151. The Nasdaq Composite COMP, +0.88% gained 35 points, or 0.3%, to 10,582.
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Nike destroys earnings and sales expectations, stock gainsNike's stock rose nearly 8% in extended trading Tuesday after the sporting-goods retailer reported better early holiday sales than Wall Street expected. Profits are easy when workers make less than $3 an hour! KingJames seems to enjoy the cheap labor! Nike ! SlaveLabor People need shoes
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Dow, S&P 500 post modest gains Tuesday, stocks bounce after 4-session skidU.S. stocks posted modest gains on Tuesday after slumping to their lowest levels in about a month. The Dow Jones Industrial Average rose about 92 points, or 0.3%, ending near 32,850: More crash coming📉
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Nike stock jumps after earnings and revenue top expectationsNike earnings and revenue top estimates, but inventories and costs rise who can keep buying $150 sneakers designed to last 3 months and make your back hurt? They make them pennies on the dollar and pay handsome fees to sport figures and ad agencies. WS is never fucking happy
ソース: CNBC - 🏆 12. / 72 続きを読む »