A catalyst is Fed Ex, the company has reported earnings, lowering guidance for 2019
Fed Ex citing
- Global trade has slowed in recent months
- leading indicators point to ongoing deceleration in global trade near-term
The company also highlighting strength in the US but weakness in Europe
- While the U.S. economy remains solid, our international business weakened during the quarter, especially in Europe
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S&P500 eminis off nearly 1%
