Frankfurt A gloomy outlook for parcel delivery service FedEx has spooked investors on Wall Street and pushed US indices to their lowest levels in around two months. The Dow Jones index fell 0.5 percent on Friday to 30,822.42 points. The tech-heavy Nasdaq fell 0.9 percent to 11,448.40 points and the broad-based S&P 500 fell 0.7 percent to 3,873.33 points.
Shares of FedEx tumbled 21.4 percent after the parcel giant scrapped its outlook amid a slowdown in the economy.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue