News Summary (RYAAY, AMR, DAL, ALK, ORCL, HPQ, HIG, LNC)

Airline stocks moved down along with the wider market, with Ryanair Holdings RYAAY as the top loser in the list. Shares of AMR Corp AMR moved down about 2.05%, Delta Air Lines DAL fell about 2.53% and Alaska Air ALK dropped about 1.16%. The NYSE Arca Airline Index (XAL) declined about 1.37%. Shares of Oracle Corp ORCL gained after the company named former Hewlett-Packard Co HPQ as its co-president, replacing Chuck Phillips. Hurd had resigned from HPQ last month, during an investigation of a claim of sexual harassment against him. The company’s board did not find any evidence against him. ORCL’s shares surged about 6.5% following the announcement. US financial stocks were the top decliners in the S&P 500 Index. The ETF's top losers were Hartford Financial Services Group Inc HIG and Lincoln National Corp LNC.The Financial Select Sector SPDR Fund (XLF) fell about 1.72%. Read more from Benzinga's Markets.