A strong dollar and falling oil prices led the U.S. Global Jets ETF (JETS) to rise on December 7, according to Barron’s. JETS received a boost with the help of industry players such as American, United, Delta and JetBlue – all of which the ETF holds. In June, Barron’s cited American, Delta and United on “improving industry trends.”
Read the full article on Barron’s.com to read why falling oil is moving airline stocks.
Article summary written by U.S. Global Investors.