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Inflation Appears To Be Setting The Tone For Stocks Going Forward

Nike (NYSE: NKE) was trading down 5% in pre-market action after reporting lower than expected revenues last quarter and slashed its revenue projections. The company cited high demand for its athletic gear, but the broken supply chain is giving Nike issues in Vietnam and Indonesia.

ACN

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The Volatility Index Spikes On Evergrande Fears: Here’s How To Play It

After last week’s stock market weakness, a deep dip on Monday may have finally created the buying opportunity many long-term investors have been waiting for for months. Lindsey Bell, Chief Investment Strategist for Ally Invest, says investors need to stay calm and trust in the long-term performance of the S&P 500.

SPY