Yahoo Finance

Foot Locker is an athletic shoe, apparel, equipment and accessories retailer with about 2,500 stores in about 26 countries and about 200 franchised locations in the Middle East. The company is headquartered in New York and employs more than 40,000 people.

Headquartered in Beaverton, Oregon, Nike develops and markets footwear, apparel, athletic equipment, and accessories. Its products are sold through a mix of independent distributors, licensees, and subsidiaries to some 18,000 retail accounts worldwide.

Markets are having trouble making up their minds which way to go this morning. It's a data-packed week though a short trading one. Powell is speaking in Europe tomorrow. The minutes of the last Fed meeting - the one with the dot plot indicating one rate cut this year - is due on Wednesday. As is the U.S. Trade Deficit. Thursday - Happy 4th! Markets are closed. And then on Friday, the always heavily-anticipated Jobs report is due. No summer doldrums here.

The second quarter of 2024 was rewarding for equity investors, as the S&P 500 increased another 4% and has gained almost 15% year to date. Growth was the segment leader in 2Q, as the S&P 500 Growth Index advanced approximately 8% in the period while the S&P 500 Value Index declined slightly. Leading sectors included Information Technology and Communication Services, while sectors in the red for the past three months included Real Estate, Materials, Industrials, Financial, and Energy. The average stock in the Argus Universe of Coverage declined 2.4% during the quarter, while the median stock dropped 3.0%. The average BUY-rated stock declined 0.7%, while the average HOLD-rated stock gained 6.7%. Will the rally broaden in 2H24, or will investors keep focusing on Tech and Communications groups? Will small-caps pick up their pace (the Russell 2000 was up 1.8% in 1H24), or is the current bull market rally due for a break, with some profit-taking coming into play? Given declining interest rates, we expect growth stocks to continue to carry the bull market, while the risk of recession puts a premium on clean balance sheets, which are also more prevalent among large-caps. Investors seeking value are encouraged to focus on dividends and look for yields in the 3-4% range. Here are the top 10 performers from the Argus Universe last quarter, including, somewhat surprisingly, representatives of five of the 11 major sectors, as well as the five worst performers.