Market Preview: Stock futures move higher after FedEx raises Q1 and full-year guidance,...

|By:, SA News Editor
Market Preview: Stock futures move higher after FedEx raises Q1 and full-year guidance, overcoming a sharp drop in the Chicago Fed Index and ahead of housing data to be released shortly (calendar). Benchmark S&P +0.2%. Genzyme is climbing on the possibility of a bidding war and BP is up on rumors Hayward is ready to quit. Earnings remain in focus, though today's line-up is relatively light.