US Stock Market Move | Jefferies downgrades three of the four major airlines, American Airlines shares fall.

On Tuesday, American Airlines Group Inc. stocks fell across the board, with American Airlines Group Inc. (AAL.US) dropping by 2.8%, Delta Air Lines, Inc. (DAL.US) by 3.78%, Southwest Airlines Co. (LUV.US) by over 4%, and United Airlines (UAL.US) by 2.64% at the time of writing. In terms of news, earlier Jefferies Financial Group Inc. analysts downgraded the ratings of three out of the four major airlines, citing "consumer confidence remaining below expectations." The investment bank lowered the ratings of American Airlines Group Inc. and Delta Air Lines, Inc. from "buy" to "hold," and downgraded Southwest Airlines Co. to "underperform." This rating adjustment comes after Delta, Southwest, and American Airlines Group Inc. had all previously downgraded their first-quarter performance expectations due to uncertainties in the macroeconomic environment and the impact of extreme weather conditions. Jefferies Financial Group Inc. predicts that with the upcoming tariff policy taking effect this week, there may be further downward revisions to the full-year guidance for all airlines. United Airlines is the only one of the four major airlines maintaining a "buy" rating, with Jefferies Financial Group Inc. noting its "growth opportunities beyond 2025" and "industry-leading strategies" as advantages.