SA: Morgan Stanley cautious on FedEx but likes it better than UPS
SEEKING ALPHA reports: Morgan Stanley significantly reeled in financial expectations on FedEx Corporation (NYSE:FDX) to reflect ...
SEEKING ALPHA reports:
Good-not-great megacap earnings combined with jitters about the election and rising COVID cases to send stocks down across the board today.
The S&P 500 (SP500) ended off 1.2%, the Nasdaq (COMP) lost 2.5% and the Dow (DJI) was off 0.6%.
Some buying in the last half hour brought the major averages substantially off their lows to finish out the month.
The S&P ended the week down 5.6%, the biggest drop since it fell 15% the week of March 15. The broader market had been supported through ...