BUZZ-US airline stocks take off after Trump's 90-day tariffs pause

Reuters
10 Apr
BUZZ-US airline stocks take off after Trump's 90-day tariffs pause

** Shares of airline firms rally on Weds after U.S. President Donald Trump authorizes a 90-day pause as part of his tariff plan

** United Airlines UAL.O up 25%, American Airlines AAL.O up 19%, Southwest Airlines LUV.N up 15%, JetBlue JBLU.O up 16%

** Delta Air Lines DAL.N shares last up 24%. Co early Weds scrapped its 2025 forecast, as tariffs stymie demand

** S&P 1500 airlines index .SPCOMALI up 21% on the session, cutting YTD loss to ~26%

** S&P 500 .SPX surging nearly 8% on Weds amid broad rebound in equities .N

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10