US Airline Stocks Gain Altitude Post Trump's Re-Election: Here's Why
AAG(AAL) ZACKS·2024-11-08 02:36
Donald Trump's victory in the U.S. presidential election over Kamala Harris had a substantial positive impact on the US stock market. The three major US indexes — the Nasdaq Composite, the S&P 500 and the Dow Jones Industrial Average — hit record highs on Nov. 6, 2024. Sharing the buoyancy displayed by the broader market, U.S. airline stocks made hay following Trump's comeback four years after being voted out of the White House.Notably, shares of legacy carriers like United Airlines (UAL) , Delta Air Lines ...