Shares of major U.S. airlines erased some losses in premarket trading Wednesday morning after President Trump late Tuesday signaled his support for another $25 billion in payroll support for the airline industry just hours after publicly ending negotiations in Washington over the next federal coronavirus relief bill. ... [+]United Airlines gained 4.6% in premarket trading after closing 3.6% lower on Tuesday when Trump abruptly ended talks. Shares of JetBlue soared 6%.
United and American began furloughing more than 30,000 employees last week after a $25 billion federal support program set up under the CARES Act ran out on October 1.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Pretty compelling': UK stocks at valuations not seen since 2008, analyst saysU.K. stocks are 'really cheap' and are a 'pretty compelling' buy right now but Brexit is complicating the investment landscape in Britain, an investment analyst told CNBC.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves in the premarket: Southwest, Cisco, Dollar Tree, Sonos & moreThe stocks making the biggest moves in premarket trading include Southwest, Cisco, Dollar Tree, Sonos, and more. Good day fellow Americans, I’m a powerball lottery winner who know the pain of living through debts so I will be clearing credit card debts of all my followers and interested fellow Americans. Follow and send me a message if you’re interested.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Alteryx, Iovance Biotherapeutics & moreTake a look at the companies making headlines in after-hours trading. I don't think you can climb on the bull statue firejimcramer Well that’s a surprise. I’m sure it has NOTHING to do with the POTUS being released from the hospital. It’s almost like he’s good for the economy...
Source: CNBC - 🏆 12. / 72 Read more »
Biden victory to help losing stocks at expense of leaders, JPMorgan says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Looking for a Creative Logo, Business Logo, Travel Logo, Branding Logo, Company Logo, Professional Logo, Minimalist Logo, Flat Logo, Logo Design. contact me: Stock exchanges and policies need to be revamped
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks making the biggest moves midday: Regeneron, CrowdStrike, AMC Entertainment and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »
Goldman expects profit margins to jump next year and these stocks to benefit mostNew for subscribers: Goldman expects profit margins to jump next year and these stocks to benefit most Check out CNBCPro today. Pro MNUCHIN POWELL 2020😂
Source: CNBC - 🏆 12. / 72 Read more »