Morning Brief: Awaiting the Fed's take on a fraught moment

Friday is the first day of spring. It is also the first “triple-witching” options expiration during what has already been a busy year for markets.

The move comes as officials work to severely diminish the Education Department, which oversees the $1.7 trillion student-loan portfolio

Shares of FedEx rose in extended trading Thursday after the package-delivery giant said it expected slightly better sales and profits for this year, even as the Iran war threatens larger shipping disruptions and drives fuel prices higher.

FedEx posted strong fiscal third quarter results on Thursday and raised its guidance following a strong performance.