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Published 2 years ago

Wall Street falls as FedEx warning adds to market woes

Summary by Ground News
The Dow Jones Industrial Average fell 293 points, or 1%, to 30,672 and the Nasdaq fell 1.4%. Both indexes are also on track for steep weekly losses. Technology stocks, retailers and industrial companies had some of the biggest losses.Package delivery service FedEx fell 22.8% after warning investors that profits for its fiscal first-quarter will likely fall short of forecasts.

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