🔴 DAL is trading 4.13% down today as oil hits 7-month highs and weak jobs data weigh on airlines

DAL is trading at $58.78 (-4.13%) as airlines face pressure from oil prices hitting seven-month highs and a broader market decline triggered by weak jobs data.

• Crude oil prices surged due to Middle East conflict, significantly increasing jet fuel costs and squeezing carrier margins.
• Broader indices fell (S&P 500 -1.21%, Dow -1.30%) after U.S. employment data revealed a loss of 92,000 jobs in February.
• Geopolitical tensions remain the primary market driver, limiting the impact of Delta's recent leadership reshuffle.