BUZZ - Falling oil prices ease fuel cost concerns, US airline stocks rise

November 4 - ** As crude oil prices fell by more than $3 per barrel (link), alleviating market concerns over fuel costs—a major expense for airlines—U.S. airline stocks rose.

** After the Republican Party lost control of Congress in the midterm elections (link), investors are closely watching Washington's next moves regarding Iran.

** JetBlue Airways (JBLU.O) and Alaska Airlines (ALK.N) shares rose by 7% and 4% respectively.

** American Airlines AAL.O gained 3.5%, while Southwest Airlines LUV.N rose 2.4%.

** Delta Air Lines DAL.N and United Airlines UAL.O increased by around 2.6% and 3.6% respectively.

** Including the day's gains, the Dow Jones U.S. Airlines sub-index .DJUSAR has risen 1.1% so far this year.

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