"S&P 500 futures are up 0.35%, the Dow is up 0.57%, and the Nasdaq is up 0.41%. Oil is back under $90 at $89.29, while Bitcoin is up about $800 at $76,654.95."
"Retail sales saw their biggest gain in March in about three years, up 1.7%, but much of this was due to higher gas prices and inflation."
"Nike management warned that fourth quarter sales could decline 2% to 4% on an annual basis, causing Wall Street to lose patience."
"Apple CEO Tim Cook purchased 25,000 shares of Nike at approximately $42.23 per share, showing strong conviction in the company."
Futures are pointing to a higher open with S&P 500 futures up 0.35%. The Dow and Nasdaq also show gains. Oil prices are below $90, while Bitcoin rises. President Trump indicates quick talks regarding the Iran ceasefire, but the U.S. Navy blockade remains. Retail sales increased by 1.7%, largely due to higher gas prices. Nike faces challenges with expected sales declines, but key executives have shown confidence by purchasing shares.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]