(CNBC) U.S. stock futures fell on Thursday night as Wall Street headed toward a losing week, and traders absorbed an ugly earnings warning from FedEx. Dow Jones Industrial Average futures dropped by 142 points, or 0.46%. S&P 500 and Nasdaq 100 futures declined 0.56% and 0.64%, respectively. Shares of FedEx plunged 15% in extended trading after the shipments company withdrew its full-year guidance, and said it will implement cost-cutting initiatives to contend with soft global shipment volumes as “macroeconomic trends significantly worsened.”
Stock futures fall as Wall Street heads for losing week, weighs FedEx warning
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