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CE 100 Index Soars 4.3% as Nike Races Ahead After Earnings

  • The CE 100 Index surged by 4.3% in the last trading week of June with all pillars advancing.
  • Banking and 'fun' stocks led the rally, with J.P. Morgan and 'Have Fun' names such as Nike showing significant gains.
  • Nike's stock soared by 20.4% following positive sentiment related to operational performance turnaround and strategies to mitigate cost headwinds, including tariffs.
  • In the payment sector, notable movements were seen with companies like Affirm, Mastercard, Visa, and FIS announcing new partnerships and initiatives.

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