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Air Canada only gainer, US airline shares fall - some heavily

Analysis

US carrier shares fell yesterday (10-Aug-09), with the Dow (-0.34%) ending the day down. The fall ended Wall Street's strong recent rally, as investors booked profits ahead of a number of economic reports out this week, including the Federal Reserve's report on interest rates and the economy, and US Government monthly retail sales data. Oil prices also eased, to USD70.60 a barrel.

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