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Wall Street drops as trade tensions spike

Reuters India Friday, 20 September 2019
The Wall Street's main indexes dropped on Friday, after the Montana Farm Bureau said Chinese agriculture officials who were due to visit U.S. farm states next week cancelled their trip, dampening optimism on U.S.-China trade talks.
Credit: Wochit Business - Published < > Embed
News video: FedEx Slashes Profit Forecast, Share Price Slides 9%

FedEx Slashes Profit Forecast, Share Price Slides 9% 00:36

Markets Insider reports FedEx shares plunged as much as 9% in after-hours trading on Tuesday. The company missed earnings expectations for the fiscal first quarter and lowered its profit guidance for 2020. FedEx CEO Frederick Smith said a "weakening global macro environment driven by increasing trade...

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