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Exclusive: American Airlines in talks to hire Millstein for aid advice

American Airlines Group Inc is in advanced talks to hire Guggenheim Securities co-chairman James Millstein for advice on tapping a $50 billion industry relief package available from the U.S. Treasury Department to cope with the coronavirus pandemic, people familiar with the matter said.

Wall Street rallies, led by healthcare jump

U.S. stocks rallied on Monday, led in part by a climb in healthcare stocks as investors looked for shares that have become cheap and can withstand the impact to the economy from the spread of the coronavirus.

Markets

S&P » 2,626.65 +3.35%
Dow » 22,327.48 +3.19%
FTSE 100 » 5,563.74 +0.97%
Nikkei 225 » 19,084.97 -1.57%
US 10YR
+0.674
-0.070
DE 10YR
-0.507
+0.020
JP 10YR
+0.015
+0.013
USD / EUR » 0.9051 +0.81%
USD / GBP » 0.8074 +0.54%
USD / JPY » 107.8400 -0.05%