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-0.00455542432934036 -0.00455542432934036 -0.00206175130757549 0.000168719419605163 -0.00168719419605199 0.0021933524548676 0.00168719419605199 0
Stock impact report

Nike, Walmart Jump on 90-Day Tariff Pause for Key Suppliers [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
Countries getting a reprieve include several key suppliers for many apparel and sneaker makers. Critical production hubs including Vietnam, Indonesia and Cambodia have all expressed interest in negotiating trade deals with the US, but global supply chains remain in limbo until any new pacts are reached. Shares of retailers broadly traded higher on Wednesday afternoon including Nike Inc. up as much as 12%, Walmart Inc. up as much as 11%, Lululemon Athletica Inc. up as much as 16%, and Gap Inc. up as much as 19%. The S&P 500 Consumer Discretionary Index saw its largest gain since 2008. Trump's about-face came roughly 13 hours after higher reciprocal duties on 56 nations and the European Union went into effect, a move that had fueled market turmoil and stoked recession fears. Countries that were hit with the higher, reciprocal duties that went into effect at midnight will now be taxed at the earlier 10% baseline rate applied to other nations, with the exception of China, according Show less Read more
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