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Fidelity Flex Mid Cap Index Fund

FLAPX · NASDAQ

Market closed$25.01$-0.160000 (-0.64%)

Key statistics

Previous close$25.17
Open$25.01
Day high$25.01
Day low$25.01
52-week high$25.42
52-week low$19.74
Market cap642.76M
Volume—
Average volume—
P/E ratio—
Forward P/E—
EPS—
Dividend yield0.00%

Market context

Why it moved

FLAPX edged lower today amid thin trading volume and a lack of significant market-moving catalysts, with the modest decline likely reflecting routine profit-taking or minor repositioning by investors.

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What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026Fidelity Flex Mid Cap Index Fund closed modestly higher, buoyed by a broadly constructive session for financial services stocks as Wall Street banks delivered blowout Q2 earnings. Goldman Sachs surged after reporting record equities trading revenue and a 55% jump in investment banking fees, while Morgan Stanley, JPMorgan, BNY, and BlackRock — whose iShares unit surpassed $6 trillion in AUM — also beat expectations, reinforcing strength across the asset management landscape that underlies this mid-cap index fund. A cooler-than-expected June CPI reading of 3.5% further supported risk sentiment by easing near-term Fed rate hike fears, though rising oil prices tied to renewed U.S.-Iran tensions and elevated market valuations remain key watchpoints for investors.

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July 9, 2026Fidelity Flex Mid Cap Index Fund closed essentially unchanged, holding near its 52-week high as mid-cap equities navigated a complex macro backdrop. The broader financial sector (XLF) edged slightly lower in after-hours trading amid renewed U.S.-Iran hostilities that threatened a fragile ceasefire, pushing oil prices toward $78/barrel and reigniting inflation concerns. With Q2 bank earnings season kicking off July 14 — led by JPMorgan, Goldman Sachs, and Citigroup — investor optimism around financial sector strength and S&P 500 earnings growth forecasts of ~24% year-over-year provided underlying support for mid-cap holdings.
Seeking Alpha · June 19, 2026Fidelity Mid-Cap Stock Fund Q1 2026 CommentaryMorningstar · April 17, 2026The Best Small-/Mid-Cap Funds and ETFs To Buy

Peers

S&P 500SPX · $7,457.69-1.01%Ave Maria Value FundAVEMX · $30.34-0.59%Evercore Equity FundEWMCX · $42.67-1.02%Fidelity Flex Small Cap Index FundFLXSX · $21.46-0.46%Guggenheim Active Allocation FundGUG · $16.37+0.06%T. Rowe Price Institutional Emerging Markets Equity FundIEMFX · $48.29-1.59%Nationwide Mid Cap Market Index FundNWXQX · $17.84-0.56%RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.OPP · $7.72-0.13%Abrdn World Healthcare FundTHW · $13.28-1.19%TocquevilleTOCQX · $60.41-1.26%Wasatch Emerging India FundWAINX · $4.11-0.24%