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Wall Street closes with a modest gains on Brexit deal, stimulus hopes
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.
The S&P 500 closes with a modest gain on Brexit deal, stimulus hopes
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
3 Min Read
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) (Updates to market close, changes dateline, byline)
NEW YORK, Dec 24 (Reuters) - The S&P 500 ended higher at the close of a shortened session on Thursday as investors headed into the long Christmas weekend with hopes that an imminent stimulus agreement, a Brexit deal, and the ongoing vaccine rollout will spell brighter days in the coming year.
All three major U.S. stock indexes ended in positive territory.
While stocks tend to perform well in the closing days of December, a phenomenon known as the Santa Claus rally, the resurgent pandemic and upcoming Senate runoffs in Georgia have clouded the outlook this year.
Why American Airlines & US Airways Merged
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American Airlines and US Airways merged in 2013, leading to the retirement of the US Airways brand. The merger brought together two of the oldest airlines in the US. And it created the world’s largest airline at the time. This article looks back at the two airlines before they merged, the details of the merger, and its challenges.
American Airlines and US Airways merged in 2013. Photo: Getty Images
American Airlines
American Airlines is one of the oldest airlines in the US. It came together in 1930 from the collaboration from many smaller independent airlines (up to 80) under a shared brand of American Airways.
Under Armour Inc (NYSE:UAA),
General Electric Company (NYSE:GE),
American Airlines Group Inc (NYSE:AAL),
Hewlett Packard Enterprise Co (NYSE:HPE) and
Gap Inc (NYSE:GPS). These five stocks are priced at less than $25 and they have outperformed the market this quarter.
Tepper sees some potential only in Under Armour because he loves the end market. He sees it as a turnaround story in a very attractive market. The company has its issues. It lacks innovation and compression shirts were really cool 20 years ago, said Tepper. It hasn t done much since then. Tepper could get interested in Under Armour, but he needs to see some stability in management and also some innovation on the product side.
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