FedEx shares are declining in Wednesday trading after the logistics giant reported a turbulent quarter that fell short of market expectations.
The carrier’s results highlighted ongoing operational headwinds, prompting investors to reassess the stock’s near-term outlook.
The sell-off in FedEx comes as broader market attention shifts toward structural changes in major indices.
Alphabet is set to join the Dow Jones Industrial Average, a move that could alter index fund flows and trading dynamics for the tech giant.
The inclusion marks a significant milestone for Alphabet, aligning its market presence with other blue-chip constituents.
Traders are also looking ahead to a busy earnings week, with several high-profile companies scheduled to report results on Thursday.