U.S. airline stocks have soared since mid-May on signs that people have cautiously started to book flights again and are reviving leisure travel plans for the summer
Shares in Southwest Airlines Co., Delta Air Lines Inc., United Airlines Holdings Inc. and American Airlines Group Inc. rose over 5% in premarket trading Tuesday. In Europe, British Airways’ parent, International Consolidated Airlines Group SA, rose almost 20% in London.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global Stocks Rise, Buoyed by Reopening HopesU.S. futures advanced, suggesting markets could gain when they resume trading Tuesday after the long holiday weekend.
Read more »
Asia Pacific stocks set to trade higher on vaccine hopes; Japan lifts state of emergencyAmerican biotech firm Novavax said Monday it started the first human study of its experimental coronavirus vaccine.
Read more »
Trade tensions are a bigger risk to stocks than coronavirus, Invesco's Kristina Hooper warnsInvesco's Kristina Hooper lists a U.S.-China trade war resurgence as the most serious market threat.
Read more »
Stocks climb with U.S. futuresStocks in Europe and Asia gained along with American equity-index futures as investors weighed economies reopening around the world against U.S.-China tensions.
Read more »
Facebook and Amazon hit records, but not all FAANG stocks have kept upFacebook, Amazon and Netflix each hit records last week, but not all of the FAANG trade has been so lucky. Todd Gordon of Ascent Wealth Partners on the name that stands out to him.
Read more »
Cyclical Stocks Are Staging ComebackShares of economically sensitive companies like manufacturers, energy companies and banks are powering the latest leg of the stock market’s rebound.
Read more »