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.
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