US STOCKS-Wall St tumbles on global economic slowdown fears [Reuters]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Reuters
Wall Street tumbles on global economic slowdown fears | Reuters 4 Min Read NEW YORK (Reuters) - Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn. Capping five tumultuous days of trading, the S&P 500, the Dow and the Nasdaq were all down for the week. A weaker-than-expected reading of U.S. factory activity in March, along with similarly dour reports from Europe and Japan, helped send U.S. Treasury yields into an inversion, with the spread between yields of three-month Treasury bills exceeding those of 10-year notes for the first time since 2007. An indication of near-term risk, and seen by many as a potential harbinger of recession, the inverted Treasury yield curve seemed to confirm investor fears of a global slowdown in economic growth. “To s
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NKE
News
- Nike to lay off 740 employees at Oregon headquarters [Yahoo! Finance]Yahoo! Finance
- Nike to lay off 740 employees at Oregon headquarters [Reuters]Reuters
- Nike "Permanently" Laying Off 740 Employees At World Headquarters [zero hedge]zero hedge
- FC Barcelona Closing $1.3 Billion ‘Mega-contract' With Nike, Reports MARCA [Forbes]Forbes
- Here's Why Nike (NKE) Fell in Q1 [Yahoo! Finance]Yahoo! Finance
NKE
Earnings
- 3/21/24 - Beat
NKE
Sec Filings
- 4/4/24 - Form 10-Q
- 3/21/24 - Form 8-K
- 3/11/24 - Form 8-K
- NKE's page on the SEC website