Market Movers: FedEx Soars, Nike and Lululemon Fall
TL;DR Summary
Stock market poised for weekly gains, with record highs and optimism from FOMC's rate cut expectations; FedEx shares rise after reporting profit beat and $5 billion buyback program; Nike and Lululemon stocks drop due to slowing sales in China and weaker guidance, respectively.
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- Stocks to Watch Friday: DWAC, Lululemon, Nike, Reddit The Wall Street Journal
- Midday movers: FedEx soars; Nike, Lululemon and Tesla fall By Investing.com Investing.com
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