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U.S. stocks opened higher on Wednesday ahead of a Federal Reserve policy statement and economic projections. U.S. consumer spending grew at a slower pace in August compared to July. source FedEx reported record quarterly revenue of $19.3 billion as average daily package volume jumped by 31%, helped by a surge in e-commerce deliveries. The company didn't provide an earnings forecast for fiscal 2021. source Adobe posted better-than-expected quarterly earnings. Revenue was up 14% from a year earlier at a record $3.23 billion thanks to increased demand from small businesses and education. source













Here's your daily digest of the most important events in the financial markets. The more you use wallmine, the better this email becomes.

















Today's markets



S&P 500 +0.53% NASDAQ +0.17% Russell 2000 +1.46%





U.S. stocks opened higher on Wednesday ahead of a Federal Reserve policy statement and economic projections. U.S. consumer spending grew at a slower pace in August compared to July. sourceFedEx reported record quarterly revenue of $19.3 billion as average daily package volume jumped by 31%, helped by a surge in e-commerce deliveries. The company didn't provide an earnings forecast for fiscal 2021. sourceAdobe posted better-than-expected quarterly earnings. Revenue was up 14% from a year earlier at a record $3.23 billion thanks to increased demand from small businesses and education. source





















Today's top stories

Based on your activity on wallmine











U.S. House report blasts failures of Boeing, FAA in 737 MAX certification

An 18-month investigation by a U.S. House panel blasted Boeing Co BA.N and the Federal Aviation Admini...













U.S. House report blasts failures of Boeing, FAA in 737 MAX certification

An 18-month investigation by a U.S. House panel blasted Boeing Co BA.N and the Federal Aviation Admini...













Trump reviews ByteDance's plan to keep majority stake in TikTok: sources

President Donald Trump and top U.S. officials were to meet at the White House on Tuesday to consider a...













German startup sennder acquires Uber's European freight business

German freight startup sennder said on Wednesday it had acquired Uber's UBER.N European freight busine...













Fed expected to raise economic forecasts, extend vow to keep rates low

The Federal Reserve is expected to wrap up its latest policy meeting on Wednesday with somewhat rosier...













Exclusive: Top Huawei executives had close ties to company at center of U.S. ...

An obscure Hong Kong-registered company stands at the center of the U.S. criminal case against China’s...





















Today's moves

 





Symbol

% today

% 1 month

% 3 months









NEE $280.37



-5.18%

-0.05%

+12.97%







C $46.12



+2.93%

-12.87%

-15.30%







XOM $37.30



+2.84%

-13.66%

-22.61%







SHOP $906.71



-2.44%

-8.22%

+12.53%







ADBE $487.31



-2.08%

+8.87%

+18.37%

























Upcoming Events







September 17, 2020

TSM ex-dividend date





















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Generated on 16 September 2020 at 11:41am EST.















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