Stock Market Today: FedEx Warning Amplifies Wall Street Jitters
by Karee Venema
Sep 16, 2022
2 minutes
Stocks capped off a terrible week with another slide as a warning from one of Wall Street's bellwether firm's stoked concern about the U.S. economy.
After Thursday's close, delivery giant (, -21.4%) – whose financial results are often seen as a read on broader economic conditions – issued preliminary fiscal first-quarter earnings and revenue figures that were well below to report its full quarterly results after next Thursday's close.
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