The spread of swine flu roiled trading in everything from livestock futures to the Mexican peso to airline stocks on Monday, as traders worried that consumers would rein in spending on travel and food perceived to be less safe because of the outbreak.
Most major stock averages traded in a narrow range throughout the day, but the flu scare's effects were evident in many corners of the market. The Dow Jones Transportation Average tumbled 4.7%. Airline stocks sank. AMR slipped 13%, while Continental Airlines declined 16%.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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