Wall Street rises on Nike, biotechs; set to snap three-week skid

Nike jumped 4.5 percent to $102.77 as the biggest boost to the Dow after it posted a quarterly profit that beat market estimates. "A strong dollar isn’t this great boogeyman and it indicates there is an improving economy," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York. The Dow Jones industrial average rose 194.38 points, or 1.08 percent, to 18,153.41, the S&P 500 gained 20.42 points, or 0.98 percent, to 2,109.69 and the Nasdaq Composite a