Stocks fell Friday as Wall Street headed toward a big losing week, and traders absorbed an ugly earnings warning from FedEx about the global economy. The Dow Jones Industrial Average dropped 306 points, or 1%. The S&P 500 and Nasdaq Composite slid 1.2% and 1.6%, respectively. Shares of FedEx plunged 24% after the shipments company […]
The post Dow drops 300 points as traders fret over FedEx warning, Wall Street heads for big weekly loss appeared first on The Black Chronicle.