U.S. stock-index futures rose on Wednesday as investors took a breather after recent record-setting rally.
Global Stocks:
| Index/commodity | Last | Today's Change, points | Today's Change, % |
| Nikkei | 23,934.43 | -131.69 | -0.55% |
| Hang Seng | 27,884.21 | +40.50 | +0.15% |
| Shanghai | 3,017.04 | -5.38 | -0.18% |
| S&P/ASX | 6,851.40 | +4.10 | +0.06% |
| FTSE | 7,531.71 | +6.43 | +0.09% |
| CAC | 5,967.58 | -0.68 | -0.01% |
| DAX | 13,247.85 | -39.98 | -0.30% |
| Crude oil | $1,476.60 | | -0.28% |
| Gold | $60.62 | | -0.53% |
FedEx (FDX) target lowered to $185 from $190 at Cowen
Twitter (TWTR) target lowered to $36 from $45 at Citigroup
FedEx (FDX) downgraded to Perform from Outperform at Oppenheimer
FedEx (FDX) downgraded to Perform from Outperform at Oppenheimer
DuPont (DD) upgraded to Buy from Hold at DZ Bank
NIKE (NKE) named Top Picks for 2020 at Guggenheim
FedEx (FDX) reported Q2 FY 2020 earnings of $2.51 per share (versus $4.03 in Q2 FY 2019), missing analysts' consensus estimate of $2.78.
The company's quarterly revenues amounted to $17.324 bln (-2.8% y/y), missing analysts' consensus estimate of $17.685 bln.
The company also issued downside guidance for FY 2020, projecting EPS of $10.25-11.50, down from its prior guidance of $11.00-13.00, vs. analysts' consensus estimate of $12.02.
FDX fell to $151.04 (-7.47%) in pre-market trading.
| Index | Change, points | Closed | Change, % |
|---|---|---|---|
| NIKKEI 225 | 113.77 | 24066.12 | 0.47 |
| Hang Seng | 335.62 | 27843.71 | 1.22 |
| KOSPI | 27.53 | 2195.68 | 1.27 |
| ASX 200 | -2.4 | 6847.3 | -0.04 |
| FTSE 100 | 6.23 | 7525.28 | 0.08 |
| DAX | -119.83 | 13287.83 | -0.89 |
| Dow Jones | 31.27 | 28267.16 | 0.11 |
| S&P 500 | 1.07 | 3192.52 | 0.03 |
| NASDAQ Composite | 9.13 | 8823.36 | 0.1 |