Stock Market Wrap-Up: Why American, Southwest, and Delta Sent Airline Stocks Flying
Market participants regained their confidence in stocks on Friday, leading to modest gains for major market benchmarks. By the end of the day, indexes had clawed back only a fraction of their losses from Thursday, and there's still a lot of nervousness about recent upticks in coronavirus cases in major metropolitan areas like Houston and Phoenix. Nevertheless, investors hope that the worst of the pandemic is over and that economic activity can return to normal conditions. The Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) rose around 1% to 2%.
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Source Fool.com
