U.S. stocks opened, the Dow fell 0.16%, the S & P 500 fell 0.16%, and the Nasdaq fell 0.08%. FedEx (FDX. N) fell 13%, the company cut fiscal year revenue and profit guidance; Nike (NKE. N) rose 8.5%, the company named a new CEO to revive sales...

U.S. stocks opened with the Dow down 0.16 percent, the S & P 500 index down 0.16 percent and the Nasdaq down 0.08 percent. Federal Express (FDX. N) fell 13 percent as the company cut its fiscal year revenue and profit guidance. Nike (NKE. N) rose 8.5 percent as the company named a new CEO to revive sales.