FedEx Slashes Earnings Forecast, Citing Slowdowns in Asia and Europe The New York Times
Meanwhile, Wall Street’s major indexes this week were on course to fall by more than 2% each, hurt largely after August inflation at 8.3% came in above expectations. “The bond market suddenly reacted with yields trending higher and this had a negative impact on risky assets which sold off in a synchronized way,” Gasparet said. […]
FedEx Slashes Earnings Forecast, Citing Slowdowns in Asia and Europe The New York Times Read More »