Markets

Airline stocks drop after Trump ends stimulus talks

Airline stocks dropped sharply on Tuesday following news that Trump is ending stimulus talks until after the election. Airlines were expected to be large beneficiaries of the next stimulus package. Speaker Pelosi urged airline executives on Friday to delay firings, saying relief was imminent. American Airlines dropped as much as […]
Airline stocks drop after Trump ends stimulus talks
Markets

US airlines surge as Trump suspends flights from China-based carriers

Airline stocks outperformed Wednesday’s stock market rally after the White House banned Chinese airlines from operating passenger flights to the US starting mid-June. Alaska Air led the group after leaping as much as 12%, while United Airlines followed close behind with an 11.8% climb. American Airlines and Delta Air Lines […]
US airlines surge as Trump suspends flights from China-based carriers