Dow Jones, Nasdaq 100 Await Key Events
The Dow Jones and Nasdaq 100 indices will react to US nonfarm payrolls data, SpaceX's entry into the Nasdaq 100 Index, US-Iran tensions, and Nike earnings this week
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Nike Stock Gets A Rude Awakening As Technicals Point To More Weakness Ahead Of Earnings
Nike (NYSE: NKE ) stock continued its downward spiral this month, dropping to its lowest level since September 2024. It has plunged from $178 in 2021 to $40 today, and analysts expect more downside ahead of its quarterly results on Tuesday. Analysts Have Downgraded NKE Stock Recently In a recent note, Stifel Nicolaus l