On Wednesday, September 28, investors will get Congressional testimony from Federal Reserve Chair Janet Yellen. At 10 a.m. EDT, Yellen is set to address the House Financial Services Committee on the topic of financial regulation. Investors will also look to see if lawmakers raise questions about Wells Fargo's (WFC) - Get Report bank account scandal. At 10:30am, the EIA Petroleum Status report will be released - as oil producers hold a meeting in Algeria. It's a quiet day on the earnings calendar with BlackBerry reporting financial results before the markets open. TheStreet's Scott Gamm reports from Wall Street.
FedEx Falls After Earnings as Cost Pressures Accelerate
FedEx falls after reporting quarterly results that beat forecasts but saying cost pressures including labor and fuel costs could weigh on future earnings.