Wall Street opened sluggishly on Thursday, with the S&P 500, Dow Jones Industrial Average, and Nasdaq composite all slightly down. However, Delta Air Lines shares soared due to a strong outlook for the rest of 2025, leading a rally in airline stocks. Cereal maker WK Kellogg also saw a surge after agreeing to be acquired by Nutella maker Ferrero Group.
Wall Street is off to a sluggish start while Delta soars on stronger outlook
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TL;DR: Key points with love ❤️Wall Street opened sluggishly on Thursday, with the S&P 500, Dow Jones Industrial Average, and Nasdaq composite all slightly down. However, Delta Air Lines shares soared due to a strong outlook for the rest of 2025, leading a rally in airline stocks. Cereal maker WK Kellogg also saw a surge after agreeing to be acquired by Nutella maker Ferrero Group.
Trending- 1 Wednesday (day before): Nasdaq set an all-time high.
- 2 Thursday: Wall Street opened sluggishly; Delta Air Lines released outlook; WK Kellogg agreed to acquisition.
- Mixed performance on Wall Street
- Specific airline and food company stocks saw significant gains
What: Wall Street stocks had a sluggish start, with major indices slightly down, while Delta Air Lines shares soared, leading a rally in airline stocks.
When: Thursday, in the first few minutes of trading.
Where: Wall Street, New York.
Why: Delta Air Lines released a solid outlook for the rest of 2025. WK Kellogg soared due to an acquisition agreement by Ferrero Group.
How: Investors reacted to company outlooks and acquisition news, influencing stock prices.