Stock Market Update

[BRIEFING.COM] The major averages remain little changed from previous levels. 

FedEx (FDX 335.83, -75.92, -18.44%) announced the completion of its spin-off of FedEx Freight (FDXF 155.88, -4.49, -2.80%), establishing FedEx Freight as an independent, publicly traded company and focused leader in the North American less-than-truckload (LTL) industry. FedEx Freight common stock will begin "regular way" trading today on the NYSE under the ticker symbol "FDXF." FedEx will continue to trade on the NYSE under the ticker symbol "FDX."