Nike’s stock has been dogged by these issues. Can a new CEO change the game? New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
The S&P 500’s utilities sector was posting a big rise Friday as stocks in the U.S. large-cap stock index broadly fell in afternoon trade. The S&P 500 was down 0.4% while its utilities sector rallied 2 ...