Carnival stock price drops more than 6% as oil tops $100, dragging CCL and CUK lower

As of 2:22 p.m. EDT, shares of Carnival Corp traded at $24.32, down over 6%. Carnival plc’s U.S.-traded stock showed a similar move, dropping to $24.27. Pressure hit the sector broadly—Royal Caribbean shares slid more than 6%, while Norwegian Cruise Line slipped nearly 3%.

US Stock Market Today Updates

MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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Times and estimates may change. Verify before trading.