FedEx Corp FDX.N rose 3.4% after the parcel delivery company issued a stronger-than-expected full-year profit forecast despite softening global demand for shipping. The Fed's commitment to reining in 40-year-high inflation is "unconditional," Chair Jerome Powell told lawmakers on Thursday, a day after saying it was not trying to provoke a recession but that was "certainly a possibility." Bank stocks were mixed after the Federal Reserve's annual "stress test" exercise showed that the lenders have enough capital to weather a severe economic downturn.