The Latest Breaking News from FedEx

The stock market ultimately jumped on a big Fed rate cut, with the S&P 500 and Dow Jones hitting record highs. Apple and Intel were key movers.

September S&P 500 E-Mini futures (ESU24) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.15% this morning as disappointing earnings results from global economic bellwether FedEx dampened optimism surrounding the outlook for interest rates, while investors geared up for the so-called triple-witching event later in the…

September S&P 500 E-Mini futures (ESU24) are down -0.17%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.35% this morning as disappointing earnings results from global economic bellwether FedEx dampened optimism surrounding the outlook for interest rates, while investors geared up for the so-called triple-witching event later in the…

The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.

A disappointing quarter sent FedEx stock down hard on Friday. Shares erased much of their year-to-date gain.

Is it possible to decouple interest rates and hiring in the coming years?

September S&P 500 E-Mini futures (ESU24) are up +1.48%, and September Nasdaq 100 E-Mini futures (NQU24) are up +2.03% this morning on expectations the Federal Reserve’s half-percentage-point rate cut will steer the U.S. economy toward a “soft landing,” while investors awaited a new round of U.S. economic data and an…

He was the FedEx Air NFL player of the week.

Ken and Angela Paxton have ties to a corporate honcho caught in a tangled web of alleged fraud involving a powerful business clan and a commercial shipping giant.