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As America approaches its 250th birthday, the Dow Jones Industrial Average — the oldest U.S. stock market index — capped a holiday-shortened week at fresh record highs, surpassing 52,500 points on Thursday. The rally reflected a great rotation from AI capex names into the blue-chip industrials, benefiting from that sam
Shares of Nike Inc (NYSE: NKE ) climbed in early trading on Wednesday, after the company Tuesday reported its fiscal fourth-quarter results. Here are some key analyst takeaways: BofA Securities analyst Lorraine Hutchinson maintained a Neutral rating and slashed the price target from $55 to $47. Guggenheim Securities an