Nike's Rally Lifted Dow, S&P 500 Ahead of Holiday

An increase in shares of Nike boosted major indexes on Wednesday.

- By Katy Barnato and Sam Goldfarb

The sportswear brand’s stock added 4.6% after a filing showed Apple Chief Executive Tim Cook, who serves on Nike's board, recently bought about $2.9 million of shares following the company’s disappointing earnings last week.