By WSJ Staff
Air France-KLM (FR:AF), Deutsche Lufthansa (XE:LHA): Carriers extended cancellations and rerouted flights to avoid the Middle East. Global airline stocks dropped early Monday.
Lockheed Martin (LMT), RTX $(RTX)$, Northrop Grumman $(NOC)$: Defense and aerospace stocks rallied in premarket trading in response to the conflict in Iran.
Exxon Mobil (XOM), Occidental Petroleum $(OXY)$: Shares in U.S. oil majors also shot up before the bell, boosted by the leap in crude prices.
Maersk (DK:MAERSK.B), Hapag-Lloyd (XE:HLAG): Container shipping companies are rerouting vessels around the southern tip of Africa as they avoid the Suez Canal and Strait of Hormuz. Rerouting typically leads to an increase in freight rates.
United Airlines $(UAL)$, American Airlines $(AAL)$: The Federal Aviation Administration is looking to cut flights this summer at Chicago's O'Hare International Airport, where the two carriers are duking it out for supremacy.
Nvidia (NVDA): Under pressure from rivals, the chip maker plans to unveil a new processor tailored to help OpenAI and other customers build faster, more efficient tools. Shares were down more than 1% premarket amid a broader selloff in technology stocks.
Berkshire Hathaway (BRK.B, BRK.A): Berkshire reported a 30% slide in quarterly operating earnings, which exclude some investment results. Shares dropped more than 1.5% ahead of the open.
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(END) Dow Jones Newswires
March 02, 2026 04:56 ET (09:56 GMT)
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