The Middle East War Is Crushing This Group of Stocks
2026-03-08 14:05:00 ET
The war in the Middle East is hitting the entire stock market hard, with the S&P 500 index down 1.3% since the initial U.S.-Israel attacks on Iran -- and plummeting even deeper at times. But one group of stocks is faring particularly poorly due to the conflict.
I'm talking about airlines. The war is a one-two punch for the major carriers, as it simultaneously drives down demand for travel and drives up fuel costs. In addition, the war has led to a significant cancellation of flights, as many critical airports in the Middle East are shut down now due to the conflict.
Over the past week, Southwest Airlines (NYSE: LUV) has dropped almost 13%, Delta Airlines (NYSE: DAL) has fallen 15%, American Airlines (NASDAQ: AAL) plummeted 16.7%, and United Airlines Holdings (NASDAQ: UAL) is down a whopping 19.6%. Let's review and see what could lie ahead from here.
NASDAQ: DAL
DAL Trading
-0.87% G/L:
$59.07 Last:
11,510,156 Volume:
$59.32 Open:
