Airline stocks (IYT) mostly moved higher today, bucking rising oil prices and the falling stock...

|By:, SA News Editor

Airline stocks (IYT) mostly moved higher today, bucking rising oil prices and the falling stock market. Researcher Maxim says recent meetings with carriers indicate continued strong demand for seats, and if pricing remains firm, airlines could rally from depressed levels despite rising fuel costs. UAL +4.7%, DAL +1.8%, AMR +1.1%, LCC +0.2%.