Shares of airline stocks are trading lower. The travel sector may be under pressure amid overall market weakness as Treasury yields rise, which has impacted discretionary stocks.
Portfolio Pulse from Benzinga Newsdesk
Airline stocks, including AAL, DAL, JBLU, SAVE, and UAL, are trading lower due to pressure on the travel sector amid rising Treasury yields and overall market weakness, impacting discretionary stocks.
April 02, 2024 | 5:30 pm
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NEGATIVE IMPACT
American Airlines Group Inc. shares are trading lower due to market weakness and rising Treasury yields affecting the travel sector.
AAL, as a major airline, is directly impacted by factors affecting the travel sector, including economic indicators like Treasury yields.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Delta Air Lines, Inc. shares are trading lower due to market weakness and rising Treasury yields affecting the travel sector.
DAL, as a major airline, is directly impacted by factors affecting the travel sector, including economic indicators like Treasury yields.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
JetBlue Airways Corporation shares are trading lower due to market weakness and rising Treasury yields affecting the travel sector.
JBLU, as a major airline, is directly impacted by factors affecting the travel sector, including economic indicators like Treasury yields.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Spirit Airlines, Inc. shares are trading lower due to market weakness and rising Treasury yields affecting the travel sector.
SAVE, as a major airline, is directly impacted by factors affecting the travel sector, including economic indicators like Treasury yields.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
United Airlines Holdings, Inc. shares are trading lower due to market weakness and rising Treasury yields affecting the travel sector.
UAL, as a major airline, is directly impacted by factors affecting the travel sector, including economic indicators like Treasury yields.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80