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Tag: FDX

Stock market news for July 1, 2020

These are the latest stock market news for July 1, 2020.

“Dow Jones Industrial Average falls 77 points
The Dow fell 77.91 points, or 0.30%, to close at 25,734.97. The S&P 500 advanced 0.50% to 3,115.86. The Nasdaq Composite gained 0.95% to end the day at 10,164.63. Stocks traded higher for most of the session amid positive news on a potential coronavirus vaccine.

Vaccine data lifts sentiment
A study of a coronavirus vaccine candidate being developed by Pfizer and BioNTech showed the drug created neutralizing antibodies. The results were released online, but have not been reviewed by a medical journal yet. The company also said that, if the vaccine gets regulatory approval, it expects to make up to 100 million doses by year-end and “potentially” more than 1.2 billion by the end of 2021.

Pfizer jumps, Amazon and Netflix gain
Pfizer shares jumped 3.18% on the vaccine data released Wednesday. Amazon and Netflix gained 4.35% and 6.72%, respectively.”

Stock market source:

Stock market close on July 1, 2020

S&P 500: 3,115.86,+15.57(+0.50%)
Dow 30: 25,734.97,-77.91(-0.30%)
Russell 2000: 1,432.83,-8.54(-0.59%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 28.62-1.81 (-5.95%).

Stock movers

FedEx Corporation (FDX) stock closed higher more than 11% at 156.66+16.44 (+11.72%).

FDX stock news

“For the fiscal 2020 fourth quarter ended May 31, the company reported revenue of $17.4 billion, down from $17.8 billion a year earlier. But the latest number easily topped FactSet’s analyst consensus of $16.4 billion.

Still, that wasn’t enough to create profits. FedEx suffered a loss of $334 million in the latest quarter, or $1.28 per share, shrinking from a loss of $1.97 billion, or $7.56 per share, a year ago. Analysts expected earnings per share of $1.33 for the latest quarter.

Adjusted EPS totaled $2.53 in the latest quarter, blowing away analysts’ prediction of $1.58.”

Stock market source:

FDX stock chart

FDX stock chart
FDX stock chart

Source: Stockscharts

Stock gainers

Liminal BioSciences Inc. (LMNL): 22.79,+ 11.99 +111.02%
89bio Inc. (ETNB): 28.17 +8.24 +41.34%
Akero Therapeutics Inc. (AKRO): 33.37 +8.45 +33.91%

Stock losers

Polar Power Inc. (POLA): 3.13, -1.83 -36.90%
Inovio Pharmaceuticals Inc. (INO): 19.73, -7.22 -26.79%
CPS Technologies Corp. (CPSH): 1.82, -0.60 -24.79%

Most active stocks

Workhorse Group Inc. (WKHS): 19.18,+ 1.79 +10.29%
General Electric Co. (GE): 6.74, -0.09 -1.32%
American Airlines Group Inc. (AAL): 12.81, -0.26 -1.99%

Stock market source:

Stock Market, U.S. Sectors & Industries Performance

The Real Estate sector was the best performing sector +2.57%, the Energy sector was the worst-performing sector -2.49%.

U.S. Sectors & Industries Performance for July 1, 2020
U.S. Sectors & Industries Performance for July 1, 2020

Source: Fidelity

Stock market news, economic news

The ADP National Employment Report came in at 2369K, lower than the forecast of 3000K, but still being positive for a second consecutive month.

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and


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US Stock Market News December 18 2019

Stock market today

Stock market news, December 18, 2019. The US stock market closed little changed for the second consecutive day. This is the summary for US stock market at close on Wesnesday, December 18, 2019:

  • S&P 500: 3,191.14,-1.38(-0.04%)
  • Dow 30: 28,239.28,-27.88(-0.10%)
  • Nasdaq: 8,827.73,+4.38(+0.05%)
  • Russell 2000: 1,661.73,+4.17(+0.25%)

Stocks today

Stocks, stocks news, stock market for today, stocks today. A daily stock market report, stock market quotes, stock market trading, stock market newsletter.Stock trading.

Stocks biggest gainers

Steelcase Inc. (SCS) was among stocks biggest gainers closing at
22.21+3.13 (+16.40%).

SCS daily stock chart | stocks | stock market

Stocks biggest losers

FedEx Corporation (FDX) was among stocks biggest losers closing at 146.86-16.37 (-10.03%).

FDX daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Ford Motor Company (F) was among most active stocks closing at 9.54+0.15 (+1.60%).

F daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Real Estate was the best performing sector +1.33%, Industrials was the worst performing sector -0.50%.

Stock earnings calendar

Notable earnings today, stocks to watch are Nike (NKE).

Stock market update

All data about stocks , stock investingstock trading is taken from Yahoo Finance, Fidelity and

This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.

2 Main Factors That May Spell Serious Trouble For FedEx


The company’s stock may face selling pressure in the future due to a most recent profit warning and amid worries of a global economic slowdown.

Shares of FedEx Corporation (NYSE:FDX) are currently trading near the 52-week low price of $142.49 and near the 3-year low of $147.82. On September 17, 2019, the company reported as expected the first quarter results for the year 2020. The explanation for this decline can be attributed to two significant factors, both of which could continue to add selling pressure for the stock.

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