Market Update: FDX, JPM, VFC

Argus

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Jul 14, 2026

Summary

The large indices are mostly higher astatine midday. Inflation slowed overmuch much than expected past month, and header CPI printed astatine 3.5% for June versus 4.2% the period anterior and the statement estimation of 3.8%. Core CPI slowed to 2.6% for June compared to 2.9% the period earlier and the estimation of 2.9%. Meanwhile, large banks person started reporting and the numbers look beauteous good. Crude o