The iconic Nike swoosh logo was designed by a graphic design student, Carolyn Davidson, in 1971 for just $35. Later, she was given stock options as a token of gratitude—now worth millions.
Market Wrap
Stock markets saw modest gains driven by a lower-than-expected inflation report. The Labor Department revealed a 0.2% rise in the Producer Price Index (PPI) for December, while core wholesale inflation held steady. Small-cap stocks rallied, buoyed by optimism over the potential path for future rates.
