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.
Stock Market Today: Dow gives up slight gain Friday, but still up for the week following Fed rate cut
Shares of Nike Inc. climbed 6% Friday after the sneaker and sportswear giant announced a change in CEO. But analysts say the incoming chief executive, company veteran Elliott Hill, has his work cut out.
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 News: Dow Turns Higher After Dovish Comments From Fed's Waller
Stocks looked set to tick lower on Friday, with S&P 500 and Dow futures pointing to both gauges edging away from the record levels they'd set in the previous trading session.
Stock Market Today: Nasdaq Futures Slip; FedEx Stock Sinks
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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 News: Dow Futures Slip
Stocks looked set to tick lower on Friday, with S&P 500 and Dow futures pointing to both gauges edging away from the record levels they'd set in the previous trading session.
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
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 ...
Analysts revisit Nike stock price targets after major CEO shakeup
Nike shares powered firmly higher in early Friday trading as analysts and investors reacted to the sportswear giant's move to ...
Stock Of The Day: Here's Why The Nike Rally Stalled Out
Shares of NIKE (NKE) hit resistance at a price level that had been support. Support can convert into resistance because of ...
Nike Inc. Cl B stock rises Wednesday, outperforms market
Shares of Nike Inc. Cl B NKE inched 0.32% higher to $80.90 Wednesday, on what proved to be an all-around rough trading ...
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Why Nike Stock Fell Again Today
Nike shocked the stock market in June when it issued guidance suggesting that the business will see a substantial sales decline this fiscal year. The company guided for a roughly 10% sales ...
Stock Market Today: Indexes Slip; FedEx Stock Sinks
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Nike Names Elliott Hill as CEO, Replacing John Donahoe
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month ...
Nike is getting a new CEO as struggles mount
The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a ...