BREAKING: Dow Jones Adds Google, Replacing Verizon
FedEx (FDX) easily beat revenue estimates for its fiscal fourth quarter after Tuesday’s market close, its first report after executing a momentous structural transformation. But operating margin shrank slightly, and FedEx stock dropped further in extended trading. Rival UPS (UPS) also lost ground on Tuesday. The restructuring included spinning off FedEx Freight (FDXF), its less-than-truckload business, earlier this month. FedEx…
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10:41 AM ET Google-parent Alphabet will be the fifth Magnificent Seven stock to join the Dow Jones Industrial Average. Google stock is replacing…
10:41 AM ET Google-parent Alphabet will be the fifth Magnificent Seven stock to…
The market forecast through year’s end is bullish, provided the Iran war and Strait of Hormuz don’t get in the way. (© Chris Gash)
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