US President Trump's college sport related executive order, designed to reform the business elements of it, could come into force today, Fox's Gasparino reports citing sources

This executive order on college sports is notable primarily for its potential impact on the business aspects of the collegiate athletic industry. Given its timing and political implications, we might see ripple effects across consumer sentiment, particularly in sectors like apparel and footwear, affecting companies such as Nike and Adidas. While the direct economic implications might be limited, any broader shifts in policy could affect market sentiment domestically and globally, particularly in equity markets.