Investors can thank Nike Inc.'s stock (NKE) for keeping the Dow Jones Industrial Average in positive territory, despite the declines in the S&P 500 and Nasdaq Composite indexes. Nike's stock surged 8.9% in morning trading after the athletic gear giant late Tuesday better-than-expected earnings ( ). The price gain of $10.34 is adding about 68 points to the Dow's price, which is up 25 points, or 0.1%. Meanwhile, the S&P 500 is down 0.3% and the Nasdaq is down 0.8%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
September 23, 2020 10:22 ET (14:22 GMT)
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