American Airlines (AAL), Host Hotels (HST) and Southwest Airlines (LUV) were the top three winners of the S&P 500 index on the stock market today. AbbVie (ABBV), JPMorgan Chase (JPM) and PayPal (PYPL) became major S&P 500 keys on Wednesday.
AAL stock increased 10.6% to 18.95, returning more than 200 days for the first time in five months. American Airlines and other airlines increased Wednesday with the profit and direction of Delta Air Lines (DAL). DAL stock is up 6.2%. On Tuesday, American Airlines slightly raised its Q1 revenue target, with earnings next week.
HST stocks rose 8.1% to 19.70, moving back above its 50-day line and approaching its latest three-year high. Host Hotels & Resorts is a REIT hotel located in North America, Brazil and Australia. Hotel stocks also met with Delta results and comments.
LUV stock went down 7.5% to 46.05, a gap above its 50-day line but less than 200 days.
S&P 500 Losers
ABBV stock fell 4.2% to 158.95. AbbVie President and Deputy Chairman Mike Severino will leave at the end of May to join Flagship Pioneering, which has helped build a number of notable biotechs, including Moderna. ABBV stocks fell 9.2% so far this week after making history on Friday.
JPM stocks declined 3.2% to 127.30, the lowest level since January 2021. JPMorgan profits exceeded visibility as part of the Dow Jones set aside money set due to Ukraine's Russian invasion of Russia and other factors.
PYPL stock lost 2.85% to 105.17. PayPal CFO John Rainey will leave to become Walmart (WMT) chief financial officer.
