meantime, notable companies reporting earnings include paychex and chip maker micron. there were more record highs on wall street led by gains by big banks. the dow rose 31, the s&p 500 added a point and the nasdaq gained 9. >>> fedex is taking another hit, this time impacting the company's bottom line. profits slumped 40% to $560 million in its latest quarter. fedex blamed higher costs, a shorter holiday shipping season, and a move to cut ties with amazon for the decline. earlier this year, fedex stopped making ground deliveries for amazon, and just this week, the e-commerce giant temporarily restricted third-party sellers from using fedex's ground service to ship to prime members. >>> meantime, ford is bringing thousands of jobs to michigan. 3,000 new positions will be added at two factories in the detroit area. ford is also investing $1.4 billion to build new pickup trucks, suvs, and electric and autonomous vehicles. the company says $750 million will go to an assembly plant in wayne. another $700 million will be invested in a truck plant in dearborn. hiring will be