Stock Market Update

24-Dec-24 11:00 ET
AAL underperforms after grounding flights
Dow +210.84 at 43117.79, Nasdaq +197.05 at 20000.43, S&P +43.48 at 6017.25

[BRIEFING.COM] The market hasn't moved much in either direction at the index level in recent trading. The Dow Jones Industrial Average sports a 0.5% gain and the S&P 500 trades 0.7% above its prior close. 

American Airlines (AAL 17.22, -0.02, -0.2%) is a story stock today after temporarily grounding all flights due to a technical issue. Other airline stocks are faring better than American, leading the US Global JETS ETF (JETS) to trade 0.5% higher.

American Airlines is not a component of the S&P 500 industrial sector (+0.3%), but its competitors like Delta Air Lines (DAL 62.30, +0.78, +1.3%) and United Airlines (UAL 100.75, +1.27, +1.3%) are some of the top performing components. 

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