Nike falls on outlook, stocks look for eighth-straight winning week: Yahoo Finance Live
In this article:
Nike (NKE) shares are falling this morning after the retailer cut its full-year sales outlook. The company announced plans to cut $2 billion in costs over the next three years. Nike is a Dow component and its decline today could have a big impact on Wall Street overall, which is looking for an eighth-straight week in the green. Yahoo Finance trending tickers include Occidental Petroleum (OXY), Alibaba (BABA), and Bilibili (BILI).
Key guests include:
9 a.m. ET - Aneesha Sherman, Bernstein Senior Analyst
9:40 a.m. ET - John Todaro, Needham Senior Analyst
10 a.m. ET - Lakshman Achuthan, Economic Cycle Research Institute Co-Founder
10:40 a.m. ET - Marc DeBevoise, Brightcove CEO
