Ryan Christensen on the Decline of American Airlines and Ford | NECN Market Analysis

American Airlines and Ford Decline 6% and 3%, Respectively

Ryan Christensen, account executive at Adviser Investments, has the market analysis for Tuesday, October 9. Major U.S. stock indexes posted mixed results, with the NASDAQ posting fractional gains and the Dow Jones Industrial Average and S&P 500 declining 0.2% and 0.1%, respectively. American Airlines fell 6% on higher-than-anticipated quarterly fuel costs and around $55 million in revenue lost as a result of Hurricane Florence. Meanwhile, Ford closed the day down 3% after announcing significant changes to the company’s global marketing operations.

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