Stock Market Update
11-Jul-24 11:35 ET
DAL weighs on airline stocks
Dow +65.36
at 39786.72,
Nasdaq -179.56
at 18467.89,
S&P -20.58
at 5613.33
[BRIEFING.COM] The S&P 500 and Nasdaq Composite continue to slide.
Airline stocks are underperforming the broader market in sympathy with Delta Air Lines (DAL 44.29, -2.57, -5.5%), which reported below-consensus earnings and guidance. The US Global JETS ETF (JETS) shows a 1.5% decline.
This price action has acted as a limiting factor for the S&P 500 industrial sector, which still trades 1.4% higher.
