Lates News

Due to the escalating conflict in the Middle East, the stock prices of U.S. travel-related companies have plummeted in pre-market trading. Several airports in the region have been closed due to the conflict, leading to around a 6% drop in the stock prices of United Airlines and Delta Air Lines. Dubai International Airport and Abu Dhabi's Zayed Airport were both targeted in the attacks, and flights at these key international hubs remain grounded. Additionally, investors are anticipating disruptions in transportation due to the conflict, leading to a significant decrease in cruise line stocks. Carnival Corporation and Royal Caribbean Group futures fell by 7.2% and 6.6% respectively, while Norwegian Cruise Line Holdings had already dropped by 7% before announcing its financial report on Monday evening.