- Reuters
US STOCKS-Wall Street gains as investors renew hopes for Fed rate cuts
U.S. stock indexes rose on Monday, extending gains made last week on investors betting on a greater chance of the Federal Reserve cutting interest rates this year. The benchmark S&P 500 and the tech-heavy Nasdaq hit three-week highs after data on Friday showed U.S. job growth slowed more than expected in April, taking pressure off the U.S. central bank to keep rates higher for longer.
- Motley Fool
Why Spirit Airlines Stock Is Losing Altitude Today
Competition and a lack of airplanes continue to weigh on operations.
- Barrons.com
Spirit Airlines Stock Falls After Earnings. Why It Can’t Get Off the Ground.
The airline is trying to forge its future as a standalone company after its proposed merger with JetBlue Airways was blocked by a federal judge.
