BUZZ-US carriers gain after Gulf preliminary deal

Alaska Air Group, Inc.
Southwest Airlines Co.
American Airlines Group Inc.
Delta Air Lines, Inc.

Alaska Air Group, Inc.

ALK

0.00

Southwest Airlines Co.

LUV

0.00

American Airlines Group Inc.

AAL

0.00

Delta Air Lines, Inc.

DAL

0.00

** U.S. airline stocks rise premarket on Monday after Washington and Tehran reached a preliminary deal to end their conflict and reopen the Strait of Hormuz, which eased oil price worries

** Oil fell to its lowest levels since March 10 after tumbling more than 3% on Friday O/R

** American Airlines AAL.O, Delta Air Lines DAL.N and Southwest Airlines LUV.N rise between 3.5%-4%

** United Airlines UAL.O added 4%, Alaska Air ALK.N up 2.1%

** Dow Jones U.S. airlines sub-index .DJUSAR closed nearly 2% up Friday and is up 6% YTD

** Elsewhere, European airlines also soared, lifting STOXX Travel and Leisure index .SXTP 3%