Dow Jones Today: Stock Futures Dip; Nike Slumps on Sales Outlook

Stock futures slipped in premarket trading on Friday as markets took a breather after a two-day rally spurred by anticipation of interest rate cuts and AI enthusiasm. It was a rough day for sports apparel companies—Lululemon (LULU) stock tumbled after its full-year revenue and earnings guidance fell short of analyst estimates, raising concerns about stagnating U.S. sales. Nike (NKE) fell after its sales outlook also disappointed Wall Street. Treasury yields fell and the dollar climbed as Congress rushed to ...