The German sportswear company had been embroiled in a long-running dispute with the rapper now known as Ye over its decision to end its partnership with him in October 2022.
Oil futures bounced modestly Tuesday, finding support after the Energy Department said it was seeking to buy 3 million barrels of crude to help replenish the Strategic Petroleum Reserve.
D.R. Horton, the largest U.S. homebuilder by market cap, on Tuesday reported earnings well below estimates as it said interest rates were keeping buyers on the sidelines and forcing the company to provide more incentives.