Consumer companies ticked down amid concerns that the energy shock was not over.
Globally traded oil futures contracts topped $100 a barrel, stirring fears that U.S. consumers could pull back on discretionary spending due to another spike in gasoline prices.
United Airlines slumped after the carrier slashed its full-year profit projection, bracing for a spike in fuel costs due to the Iran war.
The Trump administration is nearing a rescue deal for Spirit Airlines, which could see it holding a stake in the discount airline worth billions of dollars.
Best Buy Chief Executive Officer Corie Barry will leave the role later this year after the electronics retailer has reported years of tepid sales growth that weighed on its stock.
Avis Budget Group plunged, shedding some of the meme-stock gains of recent weeks. Shares of the rental car company had risen more than sixfold over the past month, driven by what analysts said was a major short squeeze.
Masco rallied after the seller of specialty home-improvement items in plumbing and other categories posted better-than-anticipated earnings.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-22-26 1808ET
