The S&P 500 Index ($SPX) (SPY) this morning is down -0.11%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.25%.
Stock indexes this morning are slightly lower as they consolidate below Thursday’s record highs. On the negative side, Lululemon Athletica is down more than -14% after warning of a slowdown in visits to stores in the US and forecasting 2025 net revenue below consensus. Also, Nike is down more than -7% after warning that sales will decline by the low single digits in the first half of the fiscal year. In addition, Tesla is down more than -3% after Bloomberg reported the company has reduced vehicle production at its plant in China.
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