Stocks Rise In Lower Trade; Nike Up Late

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The major indexes scored solid gains Monday, led by the Nasdaq composite's 1.3% advance. But volume decreased across the board from Friday's levels, which were boosted by a rebalancing of the Russell indexes. The lower trade lessened the impact of Monday's move up. The S&P 500 rose 0.9%, while the NYSE composite tacked on 0.7%. After hours, Nike (NKE) jumped after reporting Q4 EPS and revenue that bested the Street's forecasts. The athletic
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Posted In: Consumer DiscretionaryFootwear
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