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LUV Southwest Airlines Co News Story

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US airlines rise as Trump cancels strikes against Iran

BUZZ-US airlines rise as Trump cancels strikes against Iran 

** Shares of U.S. airlines rise as President Donald Trump says he has canceled planned strikes against Iran on Thursday, hours after threatening more bombings and a desire to "take" oil export hub Kharg Island

** American Airlines AAL.O up 5.8%, Delta Air Lines DAL.N up 5.4%, Southwest Airlines LUV.N up ~5%, United Airlines UAL.O up 7.2%

** S&P 500 energy index .SPNY falls 0.8%, tracking declining oil prices O/R

** Including session gains, Dow Jones U.S. airlines sub-index .DJUSAR rose 2.1% YTD


(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))

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