Later today, investors will dig into quarterly results from FedEx (FDX) and Nike (NKE) to better gauge the speed of the global economic reopening, the potential impact of renewed lockdowns in Europe, and inflationary pressures. After today’s market close, FedEx (FDX), Nike (NKE), and others will report their latest quarter results. Today’s Big Picture Equity indices in Asia finished the day’s trading on a mostly higher note, led by the 1.3% climb in Hong Kong’s Hang Seng and the 1.0% move in Japan’s Nikkei.