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0.00746793141325179 -0.00501275296483166 -0.0201394448271368 -0.0201394448271368 -0.00768901383277802 -0.0453893843203694 0.00348146631169362 -0.019557648986279
Stock impact report

Europe travel shock set to pummel Wall Street into bear market [Reuters]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Reuters
Europe travel shock set to pummel Wall Street into bear market (Reuters) - Wall Street was set to sink into a bear market on Thursday, with airline stocks in a tailspin after President Donald Trump’s shock move to suspend travel from Europe. The S&P 500 .SPX and the Nasdaq .IXIC , which closed 19% below their record close on Feb. 19, were set to plunge at the open after futures hit a 5% daily down trading limit for the second time this week. The Dow Jones Industrials .DJI already confirmed a bear market at the close on Wednesday as it fell more than 20% from its Feb. 12 closing high, halting the longest bull run in U.S. history. American Airlines ( AAL.O ) and United Airlines ( UAL.O ) cratered more than 15% in premarket trading, while cruise liners Carnival Corp ( CCL.N ) and Royal Caribbean Cruises Ltd ( RCL.N ) tumbled more than 12%. Boeing ( BA.N ) slumped another 14.8% after J.P.Morgan gave up on its long-term “overweight” rating on the planemaker’s shares. The stock, a Show less Read more
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