The Latest Breaking News from NIke

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As Nike stock trips again over falling sales, Wolverine World Wide keeps marching higher, with help from a rating upgrade and price-target hike.

Analysts appear largely confident in Elliott Hill’s ability to spark a revival at Nike, but many also see a stock in limbo short-term.

The Dow held above its 42,000 level.

Nike stock is tumbling Wednesday after the retailer reported mixed earnings results and withdrew its full-year guidance.

Stock Market Today: The Dow Jones fell Wednesday after the ADP jobs report. Tesla stock skidded on Q3 deliveries.

December S&P 500 E-Mini futures (ESZ24) are trending down -0.37% this morning as flaring tensions in the Middle East dampened sentiment, while investors braced for the ADP National Employment numbers due later in the day.

Nike reported a drop in profits Tuesday on sagging revenues as the sports giant cautioned that a turnaround from a rocky period would take time under a new CEO. The athletics company's financials showed lower sales in every operating region, as its CFO pointed to lackluster store traffic in China…

Sportswear giant pulls financial guidance for the year to provide incoming CEO Elliott Hill ‘flexibility’