BUZZ-U.S. STOCKS ON THE MOVE-Nike, HollyFrontier, Pioneer Power
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U.S. stock indexes rose on Friday, a day after Federal Reserve Chair Janet Yellen said she expects interest rates to be raised this year, easing concerns about slowing global growth. The Dow Jones industrial average was up 1.43 percent at 16,432.99, the S&P 500 was up 0.86 percent at 1,948.8 and the Nasdaq Composite was up 0.20 percent at 4,743.775.
** NIKE INC, $125.6, +9.42 pct
** UNDER ARMOUR INC, $105.49, +3.23 pct
The world's largest sportswear maker's first-quarter profit outpaced expectations as surprisingly steep China growth boosted the company, despite fears of a slowdown in the world's second-biggest economy.
Shares of Under Armour also rose after Nike's results.
** APPLE INC, $115.32, +0.28 pct Continued...