April 3 - ** Shares of U.S. airline companies fall premarket on Thursday after U.S. govt imposes sweeping reciprocal tariffs ** Jetblue JBLU.O down 4.6%, American AAL.O falls 2.8%, United UAL.O slips 3.5%, Delta DAL.N down 3.2%, Southwest LUV.N slides 2.9%, Alaska Air Group ALK.N falls 2.6% premarket** Consumers have been cutting back on spending and major U.S. airlines have cut earnings forecasts amid rising economic uncertainty from tariffs** "Travel is discretionary and not immune from slower economic growth that might come from the tariff war," - Dan Wasiolek, analyst at Morningstar Research** YTD, Dow Jones US Airlines Index .DJUSAR down 24.22%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.