The Dow's concentration on an established group of 30 blue-chip companies doesn't include a lot of powerful growth stocks and certainly doesn't include smaller companies with breakout potential. All four dividend stocks are down more than 15% year to date.
Nike (NKE) was downgraded by Jefferies ahead of the company’s first-quarter earnings, which will be released on Thursday, September 28th. Forrester Research Research Analyst Sucharita Kodali joins Yahoo Finance Live to discuss what to watch from the company's results. “The challenge is... that Nike has been very dependent on the Asian market, certainly on the Chinese consumer," Kodali says. “Not only do you have issues with the softening of the Chinese consumer and their spending ability, but also just a lot of… geopolitical risk." Kodali notes that “the biggest issue for a company like Nike is if there is a glut of inventory, that may potentially have an impact on whether or not the brand is as desirable because so much of the value of the most desirable products is the scarcity, not the oversupply.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
On Tuesday September 26, Costco Wholesale (COST) releases its fourth quarter earnings report after the market close. That morning, the the consumer confidence report will be released. On Thursday, September 28, Nike (NKE) will release its first quarter earnings. Investors will be looking to the earnings call to learn about the impact of upcoming student loan repayments on the company. The inflation gauge the Federal Reserve is closely watching will also be released this week. August PCE inflation data will be releases on Friday September 29, with expectations for a decrease in core inflation. Yahoo Finance's Josh Schafer discusses the week's key highlights, covering topics like the government shutdown and the ongoing strikes in Hollywood and the auto industry. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.