American Airlines, United stocks rally to multi-month highs after U.S. OKs vaccinated foreign travelers

Referenced Symbols

Airline stocks rallied Monday, after said foreign air travelers will be allowed to visit the U.S., as long as they show proof of full vaccination against COVID-19. The U.S. Global Jets ETF JETS, +0.49% jumped 1.3%, putting it on track for the highest close since June 25. Among the ETF's most-active U.S.-listed components, shares of American Airlines Group Inc. AAL, +0.76% climbed 1.4% toward the highest close June 25, United Airlines Holdings Inc. UAL, +0.61% rose 2.3% toward the highest close since June 24 and Delta Air Lines Inc. DAL, +0.88% gained 2.3% toward a five-week high. "Starting on November 8, foreign national air travelers to the United States will be required to be fully vaccinated and to provide proof of vaccination status prior to boarding an airplane to fly to the United States, with only limited exceptions," the U.S. State Department stated. The Jets ETF has rallied 7.9% over the past three months while the S&P 500 SPX, +0.08% has gained 6.0%.

Read Next

Read Next

Barron's: AMC, PayPal, Disney, Palantir, Coinbase, and Other Stocks to Watch This Week

Earnings this week include AMC, PayPal, BioNTech, Coinbase, DoorDash, Palantir, Disney, and Affirm. Plus, CPI and PPI inflation data and consumer sentiment.

More On MarketWatch

About the Author