Previous Close | 4.0600 |
Open | 4.0600 |
Bid | 3.7500 x 1000 |
Ask | 3.9600 x 3000 |
Day's Range | 3.7600 - 4.1100 |
52 Week Range | 3.5600 - 17.7000 |
Volume | |
Avg. Volume | 4,702,593 |
Market Cap | 1.622B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.1790 |
Earnings Date | Aug 08, 2022 - Aug 12, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 7.29 |
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.
U.S. stocks closed lower on Monday, with few catalysts to sway investor sentiment as they approach the half-way point of a year in which the equity markets have been slammed by heightened inflation worries and tightening Fed policy. The major U.S. stock indexes lost ground after oscillating earlier in the session, with weakness in interest rate sensitive megacaps such as Amazon.com, Microsoft Corp and Alphabet Inc providing the heaviest drag.
U.S. stocks ended lower on Monday, with few catalysts to fuel investor sentiment as they approach the half-way point of a year in which the equity markets have been slammed by heightened inflation worries and tightening Fed policy. The major U.S. stock indexes lost ground after oscillating earlier in the session, with weakness in interest rate sensitive megacaps such as Amazon.com, Microsoft Corp and Alphabet Inc providing the heaviest drag. "The reason for lack of direction this week and next week is investors are looking for what’s going to happen in the second quarter reporting period," said Sam Stovall, chief investment strategist of CFRA Research in New York.