G20 nerves hit European stocks, dollar; oil gains [Reuters]
FedEx Corporation (FDX)
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Source: Reuters
G20 nerves hit European stocks, dollar; oil gains - Reuters 5 Min Read LONDON (Reuters) - European stocks stumbled and the dollar dropped to three-month lows on Monday as hopes waned for progress in Sino-U.S. trade talks at this week’s G20 meeting and fears grew of a confrontation with Iran. Investors are waiting to see if Presidents Donald Trump and Xi Jinping can de-escalate a trade war that is damaging the global economy and souring business confidence. The leaders will meet during a G20 summit in Japan. Pan-European STOXX 600 fell 0.2% , reflecting losses in Paris and Milan. Stocks in London were little changed. Germany’s export-sensitive DAX fell 0.5% after a profit warning by Daimler caused its shares to drop nearly 5%. However, gains in Asia saw the MSCI regional and global stocks gauges rise again towards last week’s six-week highs. Wall Street also looked in line for more gains after closing lower on Friday. S&P 500 e-minis pointed to a 0.2% rise at the open. “G20 is turning
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FDX
Earnings
- 3/21/24 - Beat
FDX
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 144
- 4/8/24 - Form 4
- FDX's page on the SEC website