23-Jun-2009 12:20 PM

Continental, United Airlines and Delta plunge in airline sell-off – Stock Wrap

Analysis

US airline stocks were hammered on Monday, as Wall Street endured its largest points drop since April on renewed fears about the economic recovery. Oil prices slumped by almost 4% in New York to below USD67 per barrel, while the US dollar and Japanese yen strengthened in a flight to safe havens.

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Continental, United Airlines and Delta plunge in airline sell-off – Stock Wrap

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