Wall Street, FedEx
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.
Wall Street closes its record-setting week mixed
A record-setting week for Wall Street closed on a quieter note Friday, as US stocks drifted around the highs they hit during a worldwide rally the
Wall Street edges back from its records as FedEx slumps
FedEx dragged on the market with a drop of 14.9% 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 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 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
Stock Market Today: Dow gives up slight gain Friday, but still up for the week following Fed rate cut
Shares of Nike Inc. climbed 6% Friday after the sneaker and sportswear giant announced a change in CEO. But analysts say the incoming chief executive, company veteran Elliott Hill, has his work cut out.
These Stocks Moved the Most Today: FedEx, Nike, Intel, Constellation Energy, Trump Media, Lennar, and More
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S&P 500 Futures Decline in Premarket Trading; FedEx, Frontline Lag
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Three Stocks: Constellation Energy, CrowdStrike, and Intel
Shares of Constellation Energy are in a long-term bullish trend with a target of $350. CrowdStrike Holdings ( CRWD) made a ...
Top Stock Movers Now: FedEx, Nike, Constellation Energy, and More
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...
Midday stock movers: FedEx, Constellation Energy, Nike
FedEx has lowered its full-year outlook, now expecting low-single-digit revenue growth instead of the previous mid-range ...