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Carnival And American Airlines Soar As The SPY Closes Higher

May 14, 2021 4:43 pm
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Carnival And American Airlines Soar As The SPY Closes Higher

U.S. indices traded sharply higher Friday as stocks continued to rebound following a sell-off earlier in the week.

  • The SPDR S&P 500 ETF Trust (NASDAQ: SPY) closed higher by 1.54% at $416.58.
  • The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) finished higher by 2.21% at $326.39.
  • The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA) finished higher by 1.12% at $344.26.

Here are the day's winners and losers from the SPY, according to data from Benzinga Pro.

Among the top leaders for the S&P 500 were popular reopening plays: Carnival Corp (NYSE:CCL), American Airlines Group Inc (NASDAQ:AAL) and United Airlines Holdings Inc (NASDAQ:UAL).

Notable laggards for the S&P 500 included Walt Disney Co (NYSE:DIS), Fox Corp Class B (NASDAQ:FOX) and Kellogg Company (NYSE:K).

Elsewhere On The Street

On Thursday afternoon, Disney reported second-quarter EPS of 79 cents on revenue of $15.61 billion. Both numbers exceeded consensus analyst estimates of 27 cents and $15.87 billion, respectively. Revenue was down 13% from a year ago… Read More

Bitcoin (CRYPTO:BTC), the world's biggest cryptocurrency, has continued its steady rise and throughout time more variants of the coin were made when liquidity issues came around in Bitcoin. Bitcoin Cash (CRYPTO:BCH) is one of these variants. Bitcoin Cash is its own cryptocurrency, and the main difference between it and Bitcoin is… Read More

Gevo Inc.(NASDAQ:GEVO) shares were trading higher Friday after the company reported first-quarter earnings results… Read More

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