These 2 Hard-Hit Nasdaq Stocks Flew 10% Higher Tuesday
The stock market has been under pressure for months, but Tuesday brought some respite for hard-hit investors. The Nasdaq Composite (NASDAQINDEX: ^IXIC) rose nearly 2% as of 11 a.m. ET, and while it remains far below its all-time highs, some encouraging signs seemed to turn market sentiment back in a positive direction.
Airline stocks did particularly well, with major companies like American Airlines Group (NASDAQ: AAL) and United Airlines Holdings (NASDAQ: UAL) climbing 10% or more Tuesday morning. Airlines across the industry announced some favorable numbers and outlooks that made shareholders feel more comfortable about the prospects for travel in the near future.
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Source Fool.com
