FedEx (NYSE:FDX) reported quarterly earnings of $3.44 per share which beat the analyst consensus estimate of $3.35 by 2.69 percent. This is a 21.28 percent decrease over earnings of $4.37 per share from the same period last year.
Nasdaq Rises More Than 1%; Housing Market Index Tumbles To This Much Low Level
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 1% on Monday.
