MarketWatch.com - MarketPulse
SAN FRANCISCO (MarketWatch) -- Airline stocks took an early turn into positive territory Monday, led by 3% gains for American Airlines parent AMR Corp. and US Airways Group . The Amex Airlines Index was ahead 1.5% in early trades at 37.04 points, drawing strength from lower fuel prices to outpace a 0.6% rise in the broader equities market. Volume is likely to be light in the shortened pre-holiday session, which wraps it all up ahead of Christmas at 1 p.m. Eastern Time.
MarketWatch.com - MarketPulse
SAN FRANCISCO (MarketWatch) -- Energy stocks opened mixed in thin pre-holiday trade Monday, with a decline in crude-oil futures keeping the sector from participating in a move higher by the broader market. Early trades saw the Amex Oil Index rise 0.2% to 1,550 points, edging slightly into record-high territory, while the Philadelphia Oil Service Index pulled back 0.4% and the Amex Natural Gas Index slipped 0.2% to 579.5 points. Crude for February delivery was last down 47 cents at $92.84 a barrel on the New York Mercantile Exchange.