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Did Nike Just Give Investors What They've Been Waiting For?

Dan Caplinger, The Motley Fool
·3 min read

Investors remain uncertain about how the economy will perform between now and the next time the Federal Reserve meets to discuss interest rate policy. One thing that investors have been waiting to see is how companies are faring in this difficult economic environment. After the market closed, Nike (NYSE: NKE) announced its latest quarterly results, and investors were hoping that what the athletic footwear and apparel pioneer said would be exactly the impetus that Wall Street needed in order to get back in a bullish mood.

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