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Head to Netsweet.com. Wall Street.

Hey listeners, it's Saturday April 20th. I'm Francesco

Fontana for the Wall Street Journal and this is what's news and markets.

Our look at the biggest stock moves of the week and the news that drove them.

Let's get to it. Investors started 2024 with high hopes for interest rate cuts from the Fed,

but those hopes are fading fast. And as a result we're seeing the inflation blues weighing on the stock market, which had

been riding some great rate-cut-fueled rallies so far this year.

Over the past three months, I feel like every week or so I was telling you guys about some new record high that stocks were hitting but not so much in April and certainly not this week

The S&P 500 and the NASDAQ ended the week lower and the Dow ended the week just about flat.

Why don't we talk about some good news?

Let's talk about airline stocks. I know it's been a rocky start to the year for

air travel really anything related in any way to Boeing with all of its

malfunctions and quality issues and delayed plane deliveries, but United Airlines

soared above all of that this week when it posted better than expected quarterly results.

On Wednesday, the company posted a jump in first quarter revenue

thanks to strong flight demand and said it would have posted a profit if not for a

recent Boeing grounding. I've got some numbers for you. So United's earnings

took a $200 dollar hit from that

which is not nothing but its first quarter loss came in at a hundred and

24 million dollars which was smaller than its 194 million dollar loss in the same period last year, the first quarter of

...