Consumer companies rose after strong airline outlooks.
American Airlines soared by the largest increment since 2020 after it boosted its projection for growth in total revenue per available seat mile to a range of flat-to-up-1%, from a prior projection of down between 1% and 3%.
Similarly, Southwest Airlines rallied after the discount airline boosted its projection for revenue per available seat mile, a key measure of airlines' financial performance.
Competition from lab-grown diamonds and other headwinds took a bite out of results for Signet Jewelers, the parent of Zales and Blue Nile, as the retailer's stock fell sharply Thursday on a profit and revenue shortfall.
Dollar General posted higher-than-anticipated fiscal third-quarter sales.
Shares of supermarket chain Kroger fell after a decline in sales, which reflected lower gasoline prices among other issues, was not as severe as anticipated.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
12-05-24 1719ET