Market recap: Nike shares rise on solid earnings

Earning bounce: Nike shares rose 7.2 percent to $72.37 on Friday after the company's solid quarterly results eased worries that escalating trade tensions between Washington and Beijing would weigh on China demand and hurt the sportswear maker's growth story.

Falling short: Packaged foods maker Conagra Brands fell 11.3 percent to $25.81 Thursday after its second-quarter sales missed analysts' estimates due to delayed shipments and weak demand for some of its grocery brands. Shares closed Friday at $22.15.

Taking off: Boeing stock rose 4.4 percent to $330.12 Tuesday after it raised its dividend 20 percent and increased its stock buyback program. Boeing's stock has struggled recently on global trade war worries. Shares closed the week at $304.55.

Lost in the mail: FedEx shares dropped 10.3 percent to $166 Wednesday after it said international shipping fell in its latest quarter, while the U.S.-China trade dispute is also affecting its business. The shipping company posted a smaller profit than analysts expected. Shares closed Friday at $158.

Earnings boost: Oracle jumped 3.4 percent to $47.30 Tuesday after reporting stronger profit for the latest quarter than analysts expected. The information technology supplier's shares closed the week at $44.

More breadsticks: Darden Restaurants, the company behind Olive Garden and LongHorn Steakhouse, jumped 5.2 percent to $104.04 Tuesday after it raised its forecast for earnings this fiscal year. Shares closed Friday at $99.18.