Consumer companies rose as traders bet a retreat in fuel prices would prove lasting.

The U.S. Global Jets exchange-traded fund, a basket of airlines, tested all-time highs.

British American Tobacco plans to shrink its workforce by nearly a fifth, as the London-based cigarette maker cuts and outsources jobs.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires