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Gol and US Airways up; ExpressJet falls after delay incident

Analysis

The majority of North and South American carriers' stocks climbed on Wednesday (12-Aug-09), as the Dow (+1.3%) and NYSE Arca Airline Index (+4%) rose, with investors in buying more ahead of the US Federal Reserve's reports on interest rates and monetary policy. Oil prices (+1%) were also up, to USD70.16 per barrel.

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