NEW YORK, Sept 24 — US stock indexes fell today following a two-day rally, as worries persisted about the spillover from debt-laden China Evergrande, while Nike tumbled after cutting its sales forecast.
Shares of peer Under Armour also fell 3 per cent, while footwear retailer Foot Locker dropped 5.7 per cent. At 9.49am ET, the Dow Jones Industrial Average was down 51.14 points, or 0.15 per cent, at 34,713.68, the S&P 500 was down 10.93 points, or 0.25 per cent, at 4,438.05, and the Nasdaq Composite was down 99.60 points, or 0.66 per cent, at 14,952.64.
“But, effectively the trajectory is positive into year-end and we should see some further modest appreciation of the general indices.”
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