US stocks mostly fall as FedEx sinks

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

NEW YORK (AFP) - Wall Street stocks finished little changed on Wednesday (Dec 18), essentially pausing after a run of records, while FedEx plunged on disappointing results.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks finished little changed on Wednesday , essentially pausing after a run of records, while FedEx plunged on disappointing results.

"I am wondering if the news from FedEx has not caused investors to second guess expected growth in the global economy in the coming year, since transportation stocks tend to be leading indicators," said Sam Stovall, chief investment strategist at CFRA Research. But only the Nasdaq managed to continue the rally, gaining 0.1 per cent to 8,827,73 to finish at its fifth straight record.

Investors appeared unperturbed by an impending vote in the House of Representatives to impeach President Donald Trump.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks mostly fall as FedEx tumblesNEW YORK: Wall Street stocks finished little changed on Wednesday (Dec 18), essentially pausing after a run of records, while FedEx plunged on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »