American Airlines, Carnival fall; Northrop Grumman, ConocoPhillips rise, Monday, 10/9/2023

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Stocks that are trading heavily or have substantial price changes on Monday:

Military contractors jumped on rising tensions as Israel and Hamas waged war.Airlines suspended flights to Israel as the U.S. State Department warned about travel to the region.Carnival Corp. , down 76 cents to $12.50.

Cruise lines companies and other travel-related stocks fell amid increased worries about global conflicts.A labor strike against Detroit automakers entered its fourth week.The private equity firm is reportedly preparing a joint buyout offer for Vodafone’s Spanish unit.Utilities held up better than most of the market as investors leaned toward less risky sectors.The copper and gold mining company held steady as prices for both metals rose.

 

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