Consumer companies fell amid fuel price concerns.
Brent-traded oil futures tested their highs of the war amid scant hopes for the near-term opening of the Strait of Hormuz.
The Global JETS exchange-traded fund, a basket of airlines, compounded losses and is now down about 9% for the year to date.
United Airlines aborted early-stage plans to buy American Airlines, following vocal opposition from the Trump administration and others.
A consortium of discount carriers including Frontier and Avelo is seeking $2.5 billion in government assistance in exchange for warrants that could convert into equity stakes in the companies. The gambit follows reports that the Trump administration is considering a bailout of troubled discounter Spirit in return for a stake in the company.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-27-26 1703ET



















