NEW YORK (AP) — Wall Street is rising again Monday to build on its all-time high reached last week. The S&P 500 was 0.5% higher in early trading. The Dow Jones Industrial Average was up 178 points, or 0.5%, as of 9:40 a.m. Eastern time, and the Nasdaq composite was 0.6% higher. Macy’s climbed 2.1% … Read more
Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Alaska Air Group has agreed to buy rival Hawaiian Airlines in a $1.9 billion deal, setting up another potential regulatory battle … Read more
Airlines have a record 260 million seats to fill this quarter. They’re offering more fare sales for off-peak travel to do it. JetBlue, Spirit and Frontier all say average fares are dropping. A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana. Luke Sharrett | Bloomberg | Getty … Read more
Markets rallied on a successful Arm IPO and decent economic data. UAW members walked out of three key auto plants. More airlines are warning about fuel costs. Here are the most important news items that investors need to start their trading day: The Dow Jones Industrial Average saw its best day in more than a … Read more