Nike (NYSE: NKE): An Update on Nike Stock | Finance / Stock Market

What's Going On With Nike Stock? - Nike (NYSE:NKE)

Nike Inc NKE shares are buying and selling larger by 1.2% to $81.75 Thursday morning after the Federal Reserve minimize rates of interest by 50 foundation factors. Why This Matters: Rate cuts are sometimes designed to stimulate shopper spending by making credit score extra reasonably priced, which might enhance discretionary spending on objects like attire and footwear. … Read more