Wall Street surges on tech rebound, Nike tumbles on ‌weak China sales

‍Wall Street key indices surged on Friday as technology stocks extended gains.

The Dow Jones Industrial Average rose 87.38 points, or 0.21%, ​to ⁠48,051.77. The S&P 500 ⁠rose 20.66 points, ‌or 0.33%, to 6,795.42, and ​the Nasdaq Composite rose 105.27 points, ‍or ‍0.51%, ⁠to 23,111.63.

Nike stock tumbled ‍after ‌weak China sales weighed ​on its quarterly earnings.


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