U.S.
airline stocks hit a 13 - year high this week as they gained momentum from lower oil prices and increased travel spending by Americans in an improving economy.
Not exact matches
It expected that companies with high financial leverage and refinancing demand would take a
hit, tipping five
stocks as especially vulnerable: China Eastern
Airlines, China Southern
Airlines, Yanzhou Coal, Huadian Power and Huaneng Power.
However, one by one, beneficiaries of the Trump rally have been running out of gas.1 Small - cap
stocks hit the wall in February, financials rolled over in the last two weeks, and
airlines have lost altitude after stalling at 15 - year highs in December.
No one can accurately predict where airfares are heading, any more than we can predict the
stock market, because we have no idea when the economy will improve, or how much
airlines will cut back capacity, or when the next flu epidemic will
hit or where fuel prices are going.