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US pre-market news: Dow Jones, NASDAQ, S&P updates for May 21, 2021

US stocks may have a high opening today as the stock futures opened positive. The housing sales data is set to release today for the month of April and analysts are expecting a slight improvement. The weekly jobless claim report showed a decline, which altogether brings a positive sentiment to the market.

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Cost reduction has become a priority for FedEx (FDX) after a challenging quarter

Shares of FedEx Corporation (NYSE: FDX) were up 1% on Tuesday. The stock has dropped 44% year-to-date and 34% over the past 12 months. The company delivered mixed results for

Prime Medicine is the next big biotech to pursue IPO. Here’s all you need to know

After a soft start to the year, the IPO market has witnessed muted activity so far though a few big companies entered the stock market. On the heels of AIG

Stock Watch: Is Darden Restaurants a good buy after earnings?

After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many

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