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Sep 19, 2025 12:00 PM

Nasdaq Gains 100 Points; FedEx Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Friday.

Following the market opening Friday, the Dow traded up 0.18% to 46,226.49 while the NASDAQ rose 0.50% to 22,582.78. The S&P 500 also rose, gaining, 0.23% to 6,646.98.

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Leading and Lagging SectorsConsumer discretionary shares jumped by 0.8% on Friday.

In trading on Friday, energy stocks fell by 0.9%.

Top Headline

FedEx Corp. (NYSE:FDX) posted better-than-expected financial results for the first quarter of fiscal 2026 on Thursday after the bell.

FedEx reported first-quarter revenue of $22.2 billion, beating analyst estimates of $21.67 billion, according to Benzinga Pro. The company reported first-quarter adjusted earnings of $3.83 per share, beating estimates of $3.62 per share.

FedEx expects revenue to be up 4% to 6% on a year-over-year basis in fiscal 2026. The company also reaffirmed plans for permanent cost reductions ...