The airlines sector added 4.16 percent to emerge as the market's best performing sector of the day, closely followed by the commercial vehicles and trucks industry with a 3.11 percent gain. The alternative fuel sector lost 0.67 percent to become the day's worst performing sector of the day.
In the airlines sector, Direxion Airline shares (NYSEArca: FLYX) were last trading at $33.68 with zero percent change on its last close. Among major stocks, shares of Delta Air Lines Inc. (NYSE: DAL) jumped 10.11 percent, or 91 cents, to trade at $9.91. US Airways Group Inc. (NYSE: LCC) shares were up 4.47 percent, or 37 cents, to trade at $8.65. Shares of Pinnacle Airlines Corp. (Nasdaq: PNCL) gained 5.12 percent, or 27 cents, to trade at $5.54.
Among major stocks in commercial vehicles and trucks sector, shares of Cummins Inc. (NYSE: CMI) gained 6.94 percent, or $7.62, to trade at $115.82. Shares of Williams Controls Inc. (Nasdaq: WMCO) gained 6.11 percent, or 72 cents, to trade at $12.47. Shares of Commercial Vehicle Group Inc. (Nasdaq: CVGI) were up 4.77 percent, or 82 cents, to trade at $18.02.
In the alternative fuel industry, Gevo, Inc. (Nasdaq: GEVO) shares lost 5.14 percent, or $1.06, to trade at $19.55. Shares of BioFuel Energy Corp. (Nasdaq: BIOF) were down 1.43 percent, or 1 cent, to trade at $0.73. Shares of GreenHunter Energy Inc. (AMEX: GRH) slipped 1.10 percent, or 1 cent, to trade at $0.90.