Nike Stock Price Sinks 15% on Weak Q3 Earnings as Dow Jones Drops 4%
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Skerdian Meta•Thursday, April 3, 2025•2 min read
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Nike share price has taken a dive due to tariffs, while major indices also endured heavy losses, with Dow Jones closing 4% lower.
U.S. stock markets suffered a sharp selloff on Thursday as investors reacted to the latest round of tariffs announced by the White House. Concerns over the potential economic impact led to significant losses, with the Dow Jones Industrial Average dropping 1,679 points, a nearly 4% decline, closing at 40,546. This marked a break below key support at 40,600, pushing the index toward its…
