FedEx’s Performance Saves the CE 100 Index From Decline as Nike Disappoints

It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight gain in value with a 0.4% uptick led by gains in the “Move,” “Banking” and “Enablers” pillars. For the month of June the CE 100 Index was flat; year-to-date it’s up 2.9%, just a shade below the 3.7% bump in the Dow.

The gainers were led by FedEx (“Move” pillar, 18.1% jump for the week), Mitsubishi Financial Financial Group and MongoDB. Some dynamics behind each:

FedEx...