FedEx Falls With Earnings Due; Delivery Giant Sues U.S. Over Huawei

APARNA NARAYANAN
FedEx Falls With Earnings Due; Delivery Giant Sues U.S. Over Huawei

FedEx earnings are on tap amid stiff competition and global headwinds. The shipping giant sued the U.S. over the Huawei ban. FedEx stock fell, continuing to lag the S&P; 500 index.