FedEx Corp. (FDX) gapped open higher Monday and climbed during the middle portion of the afternoon. The stock closed up by $2.83 at $84.80. FedEx Corp. rose past the upper end of a 2-month trading range Monday and set a new high for the year. The company was mentioned positively in the most recent issue of Barron's, which stated that the company's share price may climb further due to its growing exposure to overseas markets like China.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.