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MARKETS LIVE BLOG:

STOCKS SLIP WITH MIDEAST TENSIONS, EARNINGS IN PLAY

Oil pares losses as traders anticipate Israel's response to Iranian attack

Why Airline Stocks Took Off This Morning

Lou Whiteman, The Motley Fool
·3 min read

A pair of headlines gave airline stocks a lift on Tuesday morning, with shares of United Airlines Holdings (NASDAQ: UAL), American Airlines Group (NASDAQ: AAL), Delta Air Lines (NYSE: DAL), and JetBlue Airways (NASDAQ: JBLU) all up between 5% and 7% soon after the open. The so-called "legacy" carriers -- United, American, and Delta -- are also the nation's primary international airlines, and pre-pandemic China was an important growth market for international traffic. JetBlue was up on a development in its effort to wrestle Spirit Airlines (NYSE: SAVE) from merger partner Frontier Group Holdings (NASDAQ: ULCC).

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