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JUL 08, 2013 - MarketWatch

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Airlines underperform after weekend crash

NEW YORK (MarketWatch) -- Shares of airlines rose along with the market early Monday, though they generally underperformed the main indexes. The action comes after the Saturday plane crash at San Francisco International Airport that killed two and injured more than 180. Beyond negative sentiment around the crash, airlines also are feeling pressure from last week's jump in oil prices due to turmoil in Egypt, an important transit point for crude. The NYSE Arca Airline Index rose 0.3%, while the major stock indexes were up all up about 0.5%. United Continental Holdings Inc. edged up 0.1%, US ... Read More

Tags: Airlines underperform after weekend crash,  Southwest Airlines Latest News