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Rich Asplund

Stocks Post Modest Gains on Strength in FedEx and Amazon

US Federal Reserve FedEx Bowman Inflation United States ECB Interest Rates

The S&P 500 Index ($SPX) (SPY) Wednesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.25%.

Stock indexes on Wednesday posted modest gains.  FedEx rose more than +15% after reporting better-than-expected Q4 adjusted EPS and forecasting 2025 adjusted EPS above consensus.  Also, Amazon.com closed up more than +3% after announcing plans to launch an online storefront for low-priced apparel and home goods.

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