Stock market today: Wall Street hovers around records as FedEx slumps
FedEx dragged on the market with a drop of 13.5% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority services, while it had to contend with higher wages for workers and other costs. FedEx also cut its forecast for revenue growth for its fiscal year.
NEW YORK — Wall Street is quieter on Friday ... The Nasdaq composite was 0.3% lower, as of 10:30 a.m. Eastern time.
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...
Analysts sees a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply ...
1don MSN
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
What to expect. Alphabet's Waymo and Hyundai may join hands for self-driving cars - report. Ray of shine for Boeing: Chinese ...
A record-setting week for Wall Street closed on a quieter note Friday. FedEx dropped 15.2% after its profit and revenue for the latest quarter fell short of expectations. It said U.S.
Friday was a lackluster session on Wall Street, with major U.S. averages lingering in negative territory at midday trading in ...
The Industrial Select Sector SPDR Fund ETF (XLI) rose +2% for the week ended Sept. 20, while the SPDR S&P 500 Trust ETF (SPY) ...
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