American Airlines (AAL) stock drops amid a broader market pullback and a 6% surge in oil prices sparked by Middle East tensions. Read more.
American Airlines Group Inc.
(NASDAQ:AAL) stock is trading lower on Wednesday.
The decline accompanies a broader market pullback and a sharp increase in oil prices driven by geopolitical developments.
Nasdaq futures are down 0.84% while S&P 500 futures have shed 0.62%.
Geopolitical Tensions Surge Crude Oil Prices Brent crude oil prices surged 6% to $78.5 a barrel on Wednesday, according to Trading Economics.
U.S. Stock Futures Edge Lower as Geopolitical Worries Rise
Global Market: European shares decline as Middle East tensions weigh; airlines, autos lead losses
Consumer Cos Down as Oil Rebounds - Consumer Roundup
Consumer Cos Down on Oil Fears - Consumer Roundup
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