04-Nov-2010 3:44 PM
US airlines all gain on key Fed announcement and political news
Analysis
US airlines all gained yesterday as the NYSE Arca Airline Index reached a 52-week high. Wider North American markets seesawed due to an anticipated Republican victory and the Fed's announcement it plans to inject USD600 billion into the US economy to kickstart economic growth. The Dow industrials and Nasdaq indices closed at their highest closing level in two years.
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