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Stocks Slide in One of Wall Street’s Worst Weeks This Year

Summary by Ground News
The Dow Jones Industrial Average fell 0.5% and the Nasdaq composite dropped 0.9%. The Russell 2000 index of smaller companies took the heaviest losses, falling 1.5%. All the major indexes have now posted losses four out of the past five weeks. FedEx sank 21.4% for its biggest single-day sell-off on record after warning profits for its fiscal first-quarter will likely fall short of forecasts.

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Bias Distribution

  • 47% of the sources are Center
47% Center
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CNBC broke the news in United States on Thursday, September 15, 2022.
Sources are mostly out of (0)