S&P 500 News: MGM, Royal Caribbean, United Leading Casino, Cruise, Airline Stocks Higher; Oxy Stock Down After Earnings

The S&P 500 Index(SNPINDEX:^SPX) finished trading up 9 points, a gain of about 0.27%, on Aug. 10. But while the index itself was relatively flat, travel, hospitality, and casino stocks were absolutely booming today.
Leading the bidding higher was MGM Resorts International(NYSE:MGM), up 13.8% on news that a big investor took a $1 billion stake in the casino and resort operator. Airline stocks also soared higher, with United Airlines(NASDAQ:UAL) shares rising the highest, up 9.4% following TS…

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