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US airline stocks take off after Trump's 90-day tariffs pause

ReutersApr 9, 2025 6:18 PM

Shares of airline firms rally on Weds after U.S. President Donald Trump authorizes a 90-day pause as part of his tariff plan

United Airlines UAL.O up 25%, American Airlines AAL.O up 19%, Southwest Airlines LUV.N up 15%, JetBlue JBLU.O up 16%

Delta Air Lines DAL.N shares last up 24%. Co early Weds scrapped its 2025 forecast, as tariffs stymie demand

S&P 1500 airlines index .SPCOMALI up 21% on the session, cutting YTD loss to ~26%

S&P 500 .SPX surging nearly 8% on Weds amid broad rebound in equities .N

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