Consumer companies fell as President Trump's tariff threats weighed on European luxury chains.
LVMH, Gucci-owner Kering and Cartier owner Richemont fell sharply, amid fears a spat over Greenland would lead to another round of tariffs.
United Airlines expects earnings to jump this year, driven largely by sales of pricier seats. U.S. airlines have leaned on premium ticket sales as economy ticket sales slow.
D.R. Horton recorded lower first-quarter profit as affordability concerns continued to put off home buyers, hurting sales and forcing the company to offer larger incentives as the quarter progressed.
Walmart is leaning into trendier home goods, moving up the value chain and making its inexpensive items more stylish.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
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