bloomberg.com
When Nike was added to the Dow Jones Industrial Average on Monday morning, it felt strange and out of place. Although the Dow has included consumer discretionary stocks for decades, Nike felt somehow even more discretionary. It wasn’t the first apparel company to join the Dow—or even the first shoe company—but it seemed at least a little odd to admit a company whose sales relied so heavily on what Americans decided to put on their feet before working out. What do sneakers have to do with the bro
over 11 years ago