- FedEx Corporation (NYSE:FDX) reportedly said customers might have to bear package delivery delays as winter storm gripped the country.
- The company went through disruptions at its Memphis and Indianapolis hubs, Reuters reported.
- A powerful Arctic winter storm has placed millions of people under weekend weather alerts ahead of the year’s busiest travel days.
- Also Read: Powerful Winter Storm Gushes Out Holiday Plans For Several Americans
- Also, major airports have canceled thousands of flights as the storm intensifies.
- The Federal Aviation Administration said the winter storm brought blizzard conditions to the Midwest, with significant travel disruptions expected in Chicago, Detroit, and Minneapolis-St. Paul.
- Also Read: These Analysts Revise Price Targets On FedEx Following Q2 Results
- Price Action: FDX shares are trading higher by 0.88% at $177.23 on the last check Friday.
- Photo Via Company
Dow Jumps Over 150 Points; US Core PCE Price Inflation Eases
U.S. stocks traded higher this morning, with the Dow Jones jumping more than 150 points on Friday.
The Dow traded up 0.56% to 33,042.24 while the NASDAQ rose 0.55% to 12,079.22. The S&P 500, also rose, gaining, 0.50% to 4,071.28.
