the selloff in fedex corps stock fdx is enough by itself to push the dow jones transportation average djt down well more than the broader stock market the package delivery companys stock plunged 200 in premarket trading following a staggering profit and revenue warning which puts it on track to suffer a record oneday selloff the implied price decline would shave about 250 points off the dow transports price which by itself would represent a 19 decline from thursdays closing price of 1351073 meanwhile the dow jones industrial average djia futures ym00 slumped 242 points or 08 and futures es00 for the sp 500 spx slid 09