Lates News

US stocks opened with the Dow up 0.62%, the S&P 500 up 0.9%, and the Nasdaq up 1.2%. Nike (NKE.N) fell 7.4% as the company expects full-year revenue to decline sharply. Memory chip stocks were mixed, with Seagate Technology (STX.O) down 14% and Western Digital (WDC.O) down 9.8%. Tesla (TSLA.O) rose 2.3% as its third-quarter deliveries beat expectations.