NEW YORK, March 11 (Xinhua) -- U.S. stocks traded higher on Monday as investors eyed the stock performance of Boeing and major airlines after an Ethiopian Airlines plane crash.

At midday, the Dow Jones Industrial Average was up 89.15 points, or 0.35 percent, to 25,539.39. The S&P 500 increased 31.82 points, or 1.16 percent, to 2,774.89. The Nasdaq Composite Index was up 25.17 points, or 1.69 percent, to 7,533.31.

Shares of the Dow component Boeing plunged more than 7.5 percent to trade at 390.77 U.S. dollars apiece in morning trading on Monday.

Ethiopian Airlines confirmed that a Boeing 737-800 MAX, bound for Nairobi, Kenya, crashed shortly after taking off from the Ethiopian capital Addis Ababa Sunday morning, killing all 157 people on board.

It was the second in half a year that Boeing's best-selling aircraft had a fatal crash. In October, a Lion Air plane crashed into the sea off the Indonesian capital of Jakarta, killing all 189 people onboard.

Major airlines seemed to be little affected by the incident, as shares of Delta Air Lines and American Airlines added 2.54 percent and 0.28 percent respectively. Shares of Southwest Airlines and United Airlines erased 1.02 percent and 0.42 percent respectively. Enditem

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