Troubling developments unfolded in the U.S. bond market on Thursday that had some investors drawing comparisons with the run-up to the 2008 financial crisis.
Source
MarketWatch
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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.
A breakout of oil prices in Asia has left analysts debating whether U.S. crude could see further upside.
There’s considerable damage being done below the surface of the stock market as oil prices surge, and no end in sight to the Iran conflict