Nike's stock is having its best month in more than a year ahead of earnings

Shares of Nike Inc. rose Thursday, as investors expressed optimism ahead of the athletic apparel and accessories giant’s fiscal second-quarter results.The stock NKE, +0.24% climbed 0.5% in midday trading. It has run up 10.7% in December, which puts it on track for a third straight monthly gain, and the best monthly performance since it soared 18.4% in November 2022.In comparison, the Consumer Discretionary Select Sector SPDR ETF XLY has rallied 6.3% month to date and the Dow Jones Industrial Average DJIA ha ...