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US Airways and American Airlines traffic results push stocks down, Air Canada up

Analysis

The majority of North American carriers fell on Wednesday (06-Jan-2010), softening the impact of strong gains made the day prior. The Dow wavered throughout trading, following reports the US economy lost 84,000 jobs in Dec-2009, which was greater than expected, but the smallest loss in almost 12 months. Stocks were also affected by news the labour market is stabilising, with low interest rates to be maintained for some time.

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