Stocks Build on Tuesday's Gains as Investors Regain Confidence

Stocks are in rally mode again today, trying to extend Tuesday's gains.
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Stocks are in rally mode again today, trying to extend Tuesday's gains. Investors seem to be regaining confidence that the world won't fall apart due to Brexit. Oil is resuming its climb higher and European stocks also rose. Shares of Nike (NKE) - Get Report , though, are under pressure. In its earnings report last night, the sports apparel company said sales disappointed and future orders were disappointing as well. Analysts have said recently that Nike is losing ground to Germany's Adidas and domestic rival Under Armour (UA) - Get Report . Nike says it expects sales this year to meet projections due to the Olympics and European soccer championship. Sony (SNE) - Get Report  is warning about taking a hit in its image sensor business due to a slowdown in iPhone sales. However, it says it will still hit profit targets thanks to growth in video games. Sony's image sensors are used in iPhone cameras.