The KUIK Closing Market Report for Friday, March 23: |
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Markets were down. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(425) |
points |
23,533 |
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S&P500 |
Down |
-2.1% |
percent |
2,588 |
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Nasdaq Composite |
Down |
-2.4% |
percent |
6,993 |
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30 Year Treasury |
Up |
1 |
Basis Points |
3.08 |
Annual Yield |
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Nike is trying to jump start sales in North America by pulling back on merchandise and jump starting innnovation. It reported a 6% third-quarter revenue decline in North America, down to $3.57 billion from $3.78 billion. Nike shares ened up 0.2% to $64,63 |
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Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK. |
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www.marketwatch.com/story/nike-pulls-back-in-north-america-in-order-to-grow-2018-03-23 |
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For today’s Closing Market Report click to listen-> |