Airline stocks flew higher on Tuesday, as the European Union moved to welcome foreign tourists to the region, a sign that more normal travel and tourism conditions can resume as COVID-19 vaccinations become more widespread.
“Time to revive [the EU’s] tourism industry and for cross-border friendships to rekindle — safely,” said European Commission President Ursula von der Leyen, via Twitter TWTR, -1.16%. “We propose to welcome again vaccinated visitors and those from countries with a good health situation.” Dow industrials futures YM00, +0.04% were pointing down around 25 points, set for a soft open after rising 238 points Monday to close at 34,113.
Along with airlines, metals and mining stocks contributed to stock market gains in Europe, with shares in Rio Tinto RIO, +2.09%, BHP BHP, +2.45%, Anglo American AAL, +1.94%, Antofagasta ANTO, +0.86%, Glencore GLEN, +2.25%, and Fresnillo FRES, +4.61% surging higher.
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