Investing.com -- Citizens initiated coverage of the Transportation, Logistics & Services group with twenty-two names, naming FedEx among its top large-cap picks alongside FTAI Aviation, Union Pacific and C.H. Robinson, according to a note from analyst Jeff Kauffman.
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Stocks suffered broad, sharp losses on rate hike bets after the first Warsh Fed meeting. SpaceX fell for the first time while Robinhood jumped.
The Morning Bull - US Market Morning Update Friday, May, 1 2026 US stock futures are slightly higher this morning, as investors balance slower growth with hotter inflation. First quarter US GDP grew at a 2.0% annual pace versus forecasts of 2.3%, meaning the economy is still expanding but not quite as quickly as economists expected. At the same time, the Federal Reserve's preferred inflation gauge, PCE, is running at 3.5% a year, while employment costs and jobless claims signal a very tight...