June 23 (Bloomberg) -- United Parcel Service Inc., the world's largest package-delivery company, lowered its second- quarter profit forecast because of rising fuel costs and a slowing U.S. economy.
UPS said the ``anemic'' U.S. economy was causing customers to cut back on air shipments, its most profitable offering, and that international packages coming into the U.S. were also declining.Transports look vulnerable to a retest of 5000.
NQ lost 1919 and hit weekly S1 at 1910 within half a second of the overnight session open. It better hold or those April gaps loom below (NDX 1841, QQQQ 45.27).
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