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Will Airlines Send the Stock Market to New Highs?

Will Airlines Send the Stock Market to New Highs?

The S&P 500 (SNPINDEX: ^GSPC) fell 5 points to 4,531, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) declined 12 points to 15,110. Several airline stocks reported their financial results early Thursday morning, and the numbers have many investors looking at the implications for the transportation sector and the broader economy. Shares of Southwest opened slightly higher on Thursday morning.