FedEx, Amazon
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The VIX continues to fall below 19: The common market fear gauge moved to the lowest level since March 27. Improving investor sentiment was noted by Goldman Sachs ( GS 4.27%), raising its S&P 500 year-end forecast to 6,500 points.
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Stocktwits on MSNFedEx Stock Gains On Tie-Up With Amazon For Large Packages, Retail’s DividedFedEx (FDX) stock rose nearly 7% on Monday after reports said that Amazon has roped in the company to deliver large packages. According to reports, the multi-year agreement covers residential delivery of select large packages for Amazon.