Wall Street, FedEx
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
Stock market today: Wall Street edges back from its records as FedEx slumps
U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 was 0.5% lower in midday trading but still on track for its fifth winning week in the last six.
Stock market today: Wall Street hovers around records as FedEx slumps
FedEx dragged on the market with a drop of 13.5% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority services, while it had to contend with higher wages for workers and other costs. FedEx also cut its forecast for revenue growth for its fiscal year.
Markets ease after rate-cut rally; FedEx slips 15%
The S&P 500 slipped 0.2% from its record, and the Nasdaq composite fell 0.4%. The Dow Jones Industrial Average, meanwhile, added 38 points, or 0.1%, to its all-time high.
Stock Market Today: Dow notches fresh record peak, books weekly gain after Fed rate cut
The Dow Jones Industrial Average was struggling for direction Friday afternoon, giving up a slight gain as it dipped back into the red. The Dow retreated 0.2%, falling around 65 points, FactSet data show,
Stock market today: Wall Street closes out a record-setting week on a quiet note
A record-setting week for Wall Street closed on a quieter note. U.S. stocks mostly pulled back from their highs hit during a worldwide rally the day before, even as the
FedEx shares tumble 16% on limp demand, delivery trade-down
FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
S&P 500 Futures Decline in Premarket Trading; FedEx, Frontline Lag
With U.S. stock markets set to open in two hours, Constellation Energy Corp. (CEG) was up 6.4% in pre-market trading, and Nike Inc. Cl B (NKE) was up 6.1%. Back To Top ...
Constellation Energy Stock Jumps on Plan to Restart Three Mile Island Site With Microsoft
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Buy Rating Affirmed for FedEx on Strategic Cost Reductions and Market Resilience
Jason Seidl, an analyst from TD Cowen, reiterated the Buy rating on FedEx (FDX – Research Report). The associated price target was ...
Why Constellation Energy and Vistra shares are building on massive gains
Constellation has a new nuclear-power deal with Microsoft. Both Constellation and Vistra shares have more than doubled this ...
S&P 500 Gains and Losses Today: FedEx Stock Plunges as Earnings Fail To Deliver
The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...