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Nike shares rallied after-hours on strong Q2 results.

The US markets started the week in negative territory notching up a third straight trading session of declines on Monday as investors fear the fast-spread of the Omicron variant of COVID-19 may derail global economic recovery and cause renewed lockdowns during the busy holiday season. Tesla shares took a hit on Monday after the Australian Department of Infrastructure, Transport, Regional Development and Communications announced a recall of 106 Tesla Model 3 sedans manufactured between 2019 and 2021. A spotlight on Nike as the athletic apparel and equipment giant rallied 3.5% in after hours trade following the release of strong second quarter results that topped Wall Street?s expectations for both EPS and revenue. Basketball icon Michael Jordan is joining the NFT market through the launch of an athlete-focused NFT platform called Heir in 2022.