26-Aug-2009 3:55 PM
Alaska Airlines leads charge as oil prices fall; GOL shares slump
Analysis
A decline in oil prices (-2.9%) on Tuesday (25-Aug-09) allowed all North American carriers' stocks to rise during the day, while a fall in the Bovespa (-0.6%), pushed Brazilian carriers' stocks down. As a result, the AMEX Airline Index (+4%) climbed, as the Dow (+0.3%) also ended the day up.
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