Key facts: FedEx shares drop 5.2% on trade tensions; modified service on holiday
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- FedEx shares fell 5.2% amid rising trade tensions following President Trump's potential tariffs on Chinese goods, affecting the broader market and trade-sensitive firms.1
- On Columbus Day/Indigenous Peoples' Day, FedEx (FDX) will operate with modified service, while the U.S. Postal Service will not deliver mail.2