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Piper Jaffray: Lowered its price target for Nike (NKE.N) from $45 to $38.

2026-09-28

Piper Jaffray: Lowered its price target for Nike (NKE.N) from $45 to $38.

Other News
2026-09-28

1. Data shows the bond market's "VIX" surged: The MOVE index jumped 19% last week, the largest weekly gain since April 2025 and the third largest weekly gain since the 2022 bear market. This index measures the volatility of 2-year, 5-year, 10-year, a

1. Data shows the bond market's "VIX" surged: The MOVE index jumped 19% last week, the largest weekly gain since April 2025 and the third largest weekly gain since the 2022 bear market. This index measures the volatility of 2-year, 5-year, 10-year, and 30-year US Treasury yields and is known as the "VIX of the bond market." 2. Yields continue to hit new highs: The 10-year US Treasury yield rose 17 basis points last week to 5.17%, the highest since June 2007; the 30-year yield rose 16 basis points, breaking through 5.50%, the first time since June 2004. 3. Crisis-level comparison: During the week of the banking crisis in March 2023, three regional banks collapsed, and the MOVE index surged by 29%. Current volatility in the US Treasury market is approaching crisis levels, indicating that the bond market is undergoing a dramatic repricing.
2026-09-28

At the open, China's main futures front-month contracts were mixed with more winners than losers. Asphalt led gains, up nearly 4%; methanol and benzene rose about 3%; fuel oil, SC crude and low-sulfur fuel oil (LU) advanced over 2%; LPG and propylene

At the open, China's main futures front-month contracts were mixed with more winners than losers. Asphalt led gains, up nearly 4%; methanol and benzene rose about 3%; fuel oil, SC crude and low-sulfur fuel oil (LU) advanced over 2%; LPG and propylene gained close to 2%. On the downside, Shanghai silver fell more than 3%; lithium carbonate slid about 2%; live hogs, red dates, platinum, coking coal, Shanghai gold and glass each declined over 1%.
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