United Airlines Rises Slightly Higher Wall Street
On Wednesday, United Airlines was among the risers on the New York stock exchanges. The American airline posted significantly more profit last quarter thanks to the strong recovery in demand for tickets after the corona pandemic.
The company is also optimistic about the course of business in the current quarter. The share was rewarded with a price gain of more than 1 percent.
Investors also digested a flood of macroeconomic data. For example, US retail sales fell in December. In addition, producer prices in the US were lower last month than a month earlier. It was also announced that industrial production fell in the last month of 2022.
Later in the day, the US central bank will publish its report on the state of the economy, the so-called Beige Book. Investors hope to find m...