S&P 500 futures fall after FedEx raises worries about economy

by Noel Landwich (Reuters) – Standard & Poor’s 16 futures fell on Thursday, indicating that traders expected Wall Street to open the next session lower after FedEx (NYSE: 1000FDX) withdrew its financial forecast and added to the global economic slowdown. After trading resumes after a daily maintenance period, 400 Standard & Poor’s 12 e-mini futures fell 0.6%. Nasdaq futures fell 0.7%. FedEx Plunge % the day after tomorrow The company later said its fiscal first-quarter results were hit by weaker global sales and withdrew its financial forecast, saying it expected business conditions to deteriorate further. The warning hit other couriers as well as retailers. 200166 UPS