Home Breaking News U.S. stocks eke out gains; Nike drop weighs on Dow

U.S. stocks eke out gains; Nike drop weighs on Dow

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The U.S. stock market rebounded from the previous day’s selloff to close slightly higher Wednesday as gains in tech stocks helped lift the main indexes. However, a 7% drop in Nike Inc.












NKE, -7.05%










shares weighed on Dow industrials, which posted a fifth consecutive decline. The S&P 500












SPX, +0.19%










advanced 4.43 points, or 0.2%, to 2,348.45, with technology shares leading the gains. The Nasdaq Composite












COMP, +0.48%










closed 27.82 points, or 0.5%, higher at 5,821.64. The Dow Jones Industrial Average












DJIA, -0.03%










closed 6.84 points, or less than 0.1% lower at 20,661.17, extending a losing streak to a fifth day.



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