US STOCKS-Nike set to lift S&P 500, Dow ahead of business activity data

The S&P 500 and the Dow were set for a higher open on Wednesday ahead of data that would throw light on the pace of an economic recovery from a coronavirus-driven recession, while Nike was set for a record open after a stunning quarterly earnings report. Shares of the world’s largest athletic shoe maker surged 12.4% in premarket trading as its digital sales, especially in North America, helped offset a fall in sales at traditional brick-and-mortar stores.


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