Stocks under pressure | Fed's rate decision set | FedEx warns of global slowdown

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Futures are pointing to a slightly lower Wall Street open, but with a Fed policy statement ahead and headline risk surrounding China trade talks, another volatile day could be ahead.

U.S. stock futures were slightly lower this morning. Some less optimistic China trade headlines erased an early rally Tuesday, with the Dow falling for the first time in five sessions and the S&P 500 dipping negative as well. div > div.group > p:first-child"> The Fed will issue its policy statement at 2 p.m. ET, with the central bank expected to leave rates unchanged and cut the number of projected rate hikes for 2019.

Former Vice President Joe Biden contacted a group of his supporters to ask for help in raising several million dollars from major donors, making it known he's planning to enter the 2020 election, the Wall Street Journal reported. Tesla is facing dozens of lawsuits and investigations, according to public filings. The costs of defense and settlements burden the car maker at a time when it is already cutting headcount, closing stores and delaying loan repayments.

Viacom said it had begun warning customers of AT&T's DirecTV unit that they may lose channels such as M-T-V and Nickelodeon if the two sides can't agree on a new contract by a Friday deadline.

 

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Market isn't too bad'

I warn too of global slowdown need China back up a bit they buy our goods

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