FedEx warning hits US stock prices

US stock prices have been checked by a warning from the huge package delivery company FedEx that its profits would be hurt because of a slowdown in the global economy.

FedEx warning hits US stock prices

US stock prices have been checked by a warning from the huge package delivery company FedEx that its profits would be hurt because of a slowdown in the global economy.

FedEx cited weakness in its express package delivery business. That is a sign that FedEx’s customers around the world are choosing slower, cheaper delivery options to save money.

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