American Airlines (AAL – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Thomas
Stocks took a step up after Trump said in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.”
Jefferies analyst Sheila Kahyaoglu maintained a Buy rating on American Airlines (AAL – Research Report) yesterday and set a price target of
U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 250 points on Thursday. The Dow traded up 0.58% to 44,412.35 while the NASDAQ fell 0.30% to 19,949.51. The S&P 500 also rose, gaining, 0.09% to 6,091.83.
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The S&P 500 jumped 0.5%, notching an all-time closing high. The Dow rallied 0.9%, while the Nasdaq Composite ticked higher by 0.2%. After touching a new intraday high during Thursday's session, the S&P 500 is also on track to close at a record.
The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.
Dow Jones futures rose Thursday after higher-than-expected initial unemployment claims. Nvidia stock sold off, while Tesla reversed higher.
Alaska Air Group ( ALK) shares climbed when the airline also topped profit and sales forecasts after it completed its acquisition of Hawaiian Airlines. While Alaska Air advanced, shares of American Airlines ( AAL) plunged as the carrier predicted its first-quarter loss would be more than expected and warned of higher costs.
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Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared. Futures for the S&P 500 lost 0.1% before the opening bell,
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 rose 0.5% Thursday amid