Shares in U.S. delivery firm FedEx Corp FDX.Nslumped after a weaker-than-expected quarterly earnings report. Investors were also eying slowing gains in oil prices as they continued to digest the Federal Reserve's Wednesday interest rate increase and its aggressive plan for further hikes aimed at combating soaring inflation. U.S. President Joe Biden warned Chinese leader Xi Jinping during a call that there would be "consequences" if Beijing gave material support to Russia's invasion of Ukraine, the White House said.