After coming under pressure over the course of the previous session, stocks are likely to see further downside in early trading on Friday. The major index futures are currently pointing a sharply lower open for the markets, with the Dow futures down by 310 points.
A steep drop by shares of FedEx (FDX) is likely to weigh on the markets, with the delivery giant plunging by more than 20 percent in pre-market trading.
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