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Barchart
Barchart
Oleksandr Pylypenko

Stock Index Futures Muted as Bond Yields Climb, FedEx Climbs on Upbeat Results

September S&P 500 E-Mini futures (ESU24) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.12% this morning as U.S. Treasury yields marched higher, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

FedEx Corporation (FDX) surged over +13% in pre-market trading after the shipping giant posted upbeat Q4 results, provided strong full-year adjusted EPS guidance, and said it would buy back $2.5 billion of its stock over the next year.

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