US STOCKS-Wall Street jumps with help from Nike, FedEx and consumer sentiment ...Middle East

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US STOCKS-Wall Street jumps with help from Nike, FedEx and consumer sentiment
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Wall Street's main stock indexes rallied on Wednesday and were on track for their biggest one-day percentage gain so far this month with help from upbeat Nike and FedEx quarterly updates, as well as improving consumer confidence and easing inflation expectations from investors. Nike Inc shares were up 13% after beating profit expectations for its second quarter on strong holiday demand from North American shoppers, while FedEx gained almost 5% and cruise operator Carnival Corp climbed almost 7% after posting a smaller-than-expected quarterly loss.

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