Investors digested earnings from Nike and FedEx that sent the shares of both companies higher in after-hours trading.
was up 0.6% in early trade with almost all sectors and major bourses in the green. Retail stocks led gains, up 2.2%, followed by financial services, which climbed 1.2%.Many investors' hopes for an end-of-year rally were at least briefly dashed ahead of Tuesday's rally, but there's still time, according to Carson Group's chief market strategist Ryan Detrick.
The average return over those seven days is 1.33%, and finish higher almost 80% of the time, he added. Meanwhile, performance at FedEx was less impressive but investors cheered the package delivery giant's
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