Advertisement
U.S. markets close in 4 hours 29 minutes
  • S&P 500

    5,255.34
    +6.85 (+0.13%)
     
  • Dow 30

    39,773.62
    +13.54 (+0.03%)
     
  • Nasdaq

    16,411.12
    +11.60 (+0.07%)
     
  • Russell 2000

    2,125.97
    +11.63 (+0.55%)
     
  • Crude Oil

    82.65
    +1.30 (+1.60%)
     
  • Gold

    2,235.80
    +23.10 (+1.04%)
     
  • Silver

    25.00
    +0.25 (+1.02%)
     
  • EUR/USD

    1.0804
    -0.0026 (-0.24%)
     
  • 10-Yr Bond

    4.1930
    -0.0030 (-0.07%)
     
  • GBP/USD

    1.2637
    -0.0001 (-0.01%)
     
  • USD/JPY

    151.2190
    -0.0270 (-0.02%)
     
  • Bitcoin USD

    71,075.19
    +1,891.79 (+2.73%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,971.40
    +39.42 (+0.50%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Why Airline Stocks Are Falling Again Today

Why Airline Stocks Are Falling Again Today

Airline stocks continue to underperform the overall market, with shares of United Airlines Holdings (NASDAQ: UAL), American Airlines Group (NASDAQ: AAL), Delta Air Lines (NYSE: DAL), JetBlue Airways (NASDAQ: JBLU), and Frontier Group Holdings (NASDAQ: ULCC) all down as much as 5%, and stocks including Southwest Airlines (NYSE: LUV) and Alaska Air Group (NYSE: ALK) down more than 3% apiece. The Federal Reserve pushed rates higher again this week, and it appears Chairman Jerome Powell's message to markets about the group's commitment to getting inflation under control is being received.

Advertisement