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Monday brought continued uncertainty to Wall Street, and major market benchmarks fell sharply as investors tried to figure out what the future might bring. Between soaring consumer prices, the prospect for rising interest rates, and energy markets facing another round of disruptions, market...
When oil prices spike higher, airline stocks typically sell off. Such was the case on Monday. Crude prices hit levels unseen since 2008, and airline stocks are badly underperforming the market on a down day for equities. By around noon ET, shares of United Airlines Holdings (NASDA...
United Launches Ukraine Relief Effort to Support Flying Workers and Supplies to Areas in Need People can donate miles and funds to Airlink, Americares, American Red Cross and World Central Kitchen Airline to match first five million miles and $100,000 donated and will award ...
Global airline stocks fell again on Monday as the Ukraine-Russia headlines and the prospect for higher jet fuel prices continued to power down expectations for a full post-pandemic recovery in the summer of 2022. Some of the notable decliners included China Southern Airlines (ZNH -5.6%), Azul...
Aerospace and defense exchange traded funds have seen a double-digit jump in their underlying value ever since Russia invaded Ukraine on Feb. 24. This week's four out of five top gainers belonged to the aerospace and defense sector. The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) -1.27%...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bulls’ biggest problem on Friday was simple: Who wants to go home with long exposure ahead of the weekend? While that knife can cut both ways, the risk has been to the downside lately. In that light, let’s lo...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips United Airlines (NASDAQ: UAL ) stumbled today as rising oil prices eat into investor confidence. Indeed, UAL stock dropped 9% Friday, joining a number of travel and auto stocks on the decline. Source: NextNewMedia ...
Stocks fell on Friday despite a stronger-than-expected jobs report as worrisome developments in Ukraine weighed on sentiment. The Dow Jones Industrial Average dropped 179.86 points, or 0.53%, to close at 33,614.80. The S&P 500 declined 0.79% to 4,328.87, while Nasdaq Composite moved...
Aviation is a global business, and the airlines tend to underperform when the world is in crisis. With that in mind, investors ran to the exits following Russia's invasion into Ukraine. Shares of the entire industry were in the red this week, with Delta Air Lines (NYSE: DAL) , Uni...
Skip the Line and Check a Bag in a Minute or Less: United Debuts New 'Bag Drop Shortcut' Service Special areas available for customers to weigh their bag, scan a boarding pass and go; Free service is live now in Chicago, New York/Newark, Washington D.C., Houston, Denver, Los...
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United Is First Airline to Purchase Sustainable Aviation Fuel (SAF) for O'Hare International Airport PR Newswire Governor Pritzker joins United leaders to highlight the role that Illinois SAF tax credits played in paving the way for SAF at O'Hare in 2024; first supply to arriv...
United Applies to Expand Service Between San Francisco and Washington National Airport PR Newswire Proposed new daily nonstop flight from San Francisco and Washington National will provide more options and flexibility for travelers, as well as easy connections to more than...