Storm Charles causes floods and flight cancellations across southern Europe
Published . Updated .
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
Heavy rain and strong winds have also caused disruption across British Columbia, Canada, over the last week Storm Charles has brought destructive weather to the Iberian peninusla this week, particularly in Portugal and the far south of Spain. Heavy rain and strong south-westerly winds arrived first in the Portuguese island of Madeira, before the system headed towards the mainland on 11 November. A wind gust of 84.5mph (136 km/h) was recorded at Funchal airport, alongside rainfall totals reaching 355mm in 12 hours. Lisbon saw 183 flights cancelled on Wednesday, around a third of its normal daily traffic, while Madrid Barajas airport had 155 cancellations. After causing widespread flooding in Spain and Portugal, the system moved on a north-easterly track through southern France and then towards northern Italy. This resulted in significant flooding in parts of Cannes, some of which caused rock falls and led to the closure of roads along the French Riviera. The Italian weather service issued a red rainfall warning, its highest level, for the area extending from Tuscany to Venezia. Further heavy rain is expected to fall in Italy and the Balkans over the next few days, with the latest forecast models indicating an additional 100mm could accumulate widely, while totals close to 200mm are likely in more mountainous areas. Continue reading...
Directly affected
- No company is named in this report.
Indirectly affected
- JETS U.S. Global Jets ETF-6.7% 30d
U.S. Global Jets ETF: it holds airlines. Linked by “flights” (airlines) in this story.
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”).
- EWQ iShares MSCI France ETF-0.5% 6d
iShares MSCI France ETF holds stocks listed in France, which this story is about (“france”).
- DAL Delta Air Lines+8.5% 30d
Delta Air Lines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “flights” (airlines) in this story.
- UAL United Airlines Holdings-3.5% 7d
United Airlines Holdings (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “flights” (airlines) in this story.
- AAL American Airlines Group+7.2% 30d
American Airlines Group (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “flights” (airlines) in this story.
- LUV Southwest Airlines+16.5% 16d
Southwest Airlines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “flights” (airlines) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| JETS | -1.17% | +3.91% | base | after close | after close | after close | after close |
| VGK | -1.80% | +0.84% | base | after close | after close | after close | after close |
| EWQ | -2.04% | +0.70% | base | after close | after close | after close | after close |
| DAL | +0.75% | +6.54% | base | after close | after close | after close | after close |
| UAL | +1.37% | +8.39% | base | after close | after close | after close | after close |
| AAL | -1.16% | +5.86% | base | after close | after close | after close | after close |
| LUV | -1.74% | +2.40% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Heavy rain and strong winds have also caused disruption across British Columbia, Canada, over the last week Storm Charles has brought destructive weather to the Iberian peninusla this week, particularly in Portugal and the far south of Spa…
Source: The Guardian
This story
| Company | When | Move | Status |
|---|---|---|---|
| AAL | three days earlier | +5.86% | final price |
| AAL | five days earlier | -1.16% | final price |
| DAL | three days earlier | +6.54% | final price |
| DAL | five days earlier | +0.75% | final price |
| EWQ | three days earlier | +0.70% | final price |
| EWQ | five days earlier | -2.04% | final price |
| JETS | three days earlier | +3.91% | final price |
| JETS | five days earlier | -1.17% | final price |
| LUV | three days earlier | +2.40% | final price |
| LUV | five days earlier | -1.74% | final price |
| UAL | three days earlier | +8.39% | final price |
| UAL | five days earlier | +1.37% | final price |
| VGK | three days earlier | +0.84% | final price |
| VGK | five days earlier | -1.80% | final price |
This story
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Storm Charles causes floods and flight cancellations across southern Europe” scores 12 out of 100. The score uses 1 sources.