Industrials Decline as Cylical Rally Stalls — Industrials Roundup
Shares of industrial and transportation companies fell as a rally in cyclical issues slowed.
Major airlines, including American Airlines, Delta Air Lines and United Airlines sued to block a new federal rule requiring upfront disclosure of add-on fees, or "hidden fees" as the Biden administration has dubbed them.
A rule finalized by the Transportation Department last month requires airlines and other ticket sellers to display fees for checking bags and changing flights when a flight's fare and schedule information is initially displayed.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
May 13, 2024 17:03 ET (21:03 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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