Nike Stock News

Tariffs are rattling markets and leading to spikes in volatility. Growth-focused sectors like technology and consumer discretionary are particularly vulnerable given their cyclicality and global exposure.

As new trade tariffs get rolled out by President Trump with the United States' main trading partners, some sectors of the stock market are going to get hit harder than others due to the very nature of where these tariffs are focused. Not only the countries that they are targeting but also the products, which are focused on agriculture, and also all the materials that affect prices and costs for...

We are in the fog of war of the stock market tariff tantrum. News -- sometimes contradicting itself -- seems to be coming every hour from the United States government, corporations, and foreign countries as they try to figure out how to respond to the Trump tariffs enacted last week.

Nike (NKE -8.23%) famously manufactures products outside the United States, which is undesirable given the added tariffs.

The market's wild recovery on Wednesday afternoon was driven by President Donald Trump temporarily pausing tariff increases on countries all around the world, except China. A 10% blanket tariff will still be in place, but the bigger tariffs that were expected to hit countries like Vietnam, Cambodia, and Indonesia, where many shoes and kids toys are made, will be in place.

The S&P 500 is the most closely watched benchmark among the investment community because it measures the performance of large and profitable companies based in the U.S. However, it has been getting crushed in the past few days due to uncertainty surrounding tariff announcements.

Some of the most beaten-down stocks showed big signs of life again, including Boeing, Nike, and Disney.

British sportswear retailer JD Sports , one of Nike's largest customers, said on Wednesday it felt "really good" about the direction of the brand and their relationship despite trading and tariff challenges.