[Nike Stock Plummets Amid Tariff Concerns On Asian-made Goods] Nike (NKE) Shares Plummeted 14% To $55.58 On Thursday, Its Lowest Since December 2017, After The Trump Administration's Tariff Announcement On Goods From Vietnam, Indonesia, Cambodia, And China, Where Nike's Manufacturing Partners Are Located. The Tariffs, Ranging From 32% To 49%, Raised Concerns About Increased Production Costs And Reduced Profits. The Stock Has Lost 27% Of Its Value Since The Beginning Of The Year.

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LAST

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NET CHG.

%CHG.

SPREAD

SOURCE

SPX

S&P 500 Index

7500.57

7511.07

7468.32

+80.46

+ 1.08%

DJI

Dow Jones Industrial Average

51564.69

51949.26

51554.53

+72.15

+ 0.14%

IXIC

NASDAQ Composite Index

26517.94

26559.74

26188.69

+496.30

+ 1.91%

USDX

US Dollar Index

100.610

100.690

100.680

100.510

+0.130

+ 0.13%

EURUSD

Euro / US Dollar

1.14613

1.14620

1.14734

1.14526

-0.00033

-0.03%

GBPUSD

Pound Sterling / US Dollar

1.32190

1.32200

1.32334

1.31844

-0.00085

-0.06%

XAUUSD

Gold / US Dollar

4196.76

4197.17

4220.80

4136.44

+45.34

+ 1.09%

WTI

Light Sweet Crude Oil

75.109

75.139

77.822

74.873

-1.393

-1.82%

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Russia-Ukraine Conflict
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[Nike Stock Plummets Amid Tariff Concerns On Asian-made Goods] Nike (NKE) Shares Plummeted 14% To $55.58 On Thursday, Its Lowest Since December 2017, After The Trump Administration's Tariff Announcement On Goods From Vietnam, Indonesia, Cambodia, And China, Where Nike's Manufacturing Partners Are Located. The Tariffs, Ranging From 32% To 49%, Raised Concerns About Increased Production Costs And Reduced Profits. The Stock Has Lost 27% Of Its Value Since The Beginning Of The Year.

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