Why the Stock Market Bounce Didn't Lift Airlines Wednesday
The stock market finally moved higher on Wednesday, ending a streak of three big losing days for major market benchmarks. There wasn't any particularly obvious news that prompted the bounce, but the rise in volatility that investors have seen recently made the abrupt about-face in stock price movements easier to understand. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) were up 1.5% to 2%, while the Nasdaq Composite managed to climb somewhat higher.
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Source Fool.com
