Nike underperforms on Tuesday
1/26/21 1:30 PM ET (Briefing.com)Print
The major averages have carved out modest gains to this point on Tuesday with the DJIA (+0.07%) narrowly higher.A look inside the Dow Jones Industrial Average shows that 3M (MMM 175.94, +5.55, +3.26%), Johnson & Johnson (JNJ 170.03, +4.05, +2.44%), and Walgreens Boots Alliance (WBA 48.80, +0.98, +2.05%) are outperforming. MMM and JNJ reported corporate earnings within the last 24 hours.Conversely, athletic apparel retailer Nike (NKE 135.43, -2.12, -1.54%) sits near the bottom of the index.Importantly, the DJIA now stands +1.37% higher off yesterday's lows.