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Stock impact report

How To Know Which Consumer Stocks the Iran War Has Put Most at Risk [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
chains and freight, according to a Jefferies consumer equities analyst note on Thursday. The analysts note that certain industries, like travel and cosmetics, could be relatively insulated from economic pressure even if consumers rein in spending on non-essentials. Conflict in the Middle East has disrupted shipping lanes and caused oil prices to spike, raising the risk of ripple effects that hit stock portfolios halfway around the world. Consumer discretionary and staples stocks have been among the hardest hit by the ongoing conflict in the Middle East, with Brent crude futures, the global oil benchmark, in triple-digit territory. (Read our full daily markets coverage here .) Investors are concerned that surging oil prices will weigh on consumer spending and drive up costs for companies that make, move, and sell everything from paper towel to stiletto heels. “History suggests oil shocks do not hit the consumer evenly,” wrote Jefferies analysts in a note on Thursday. “The path of Show less Read more
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