American Airlines Group Inc. disclosed in a regulatory filing with the SEC that it now expects lower results in a key revenue metric for the first quarter, citing fewer canceled flights that lead to less densely packed airplanes.
The S&P 500 and Nasdaq posted their sixth consecutive week of gains this week. The S&P gained 0.7% for the week. The Nasdaq ended the week with a 0.4% gain. The Dow finished the week 0.9% higher, booking a fourth consecutive weekly gain.