Nike's stock indicated to take 30-point toll on Dow industrials
Nike Inc.'s stock NKE, +1.52% sank 4.5% in premarket trade Friday, to pull back from the previous session's record close, after the athletic gear giant reported fiscal third-quarter sales that matched expectations but provided a downbeat outlook. The implied price decline would have about 27 points off the Dow Jones Industrial Average's DJIA, +0.84% price, while Dow futures YMM9, -0.67% fell 141 points.
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