US airline stocks rise as crude oil drops below $70
Investing.com -- Major US airline stocks gained on Wednesday as crude oil prices fell below $70 per barrel, marking the lowest level since the start of the Iran war.
Delta Air Lines rose 2.2%, while Southwest Airlines added 2.3%. American Airlines climbed 4%.
United Airlines increased 4.1%, and Alaska Air Group also gained 4.1%. JetBlue Airways posted the largest advance, rising 4.3%.
Crude Oil WTI futures traded below $70 early Wednesday.
