23-Sep-2009 1:45 PM
US Airways and Delta announce share sales; American Airlines down
Analysis
The majority of North and South American carriers' stocks were down on Tuesday (22-Sep-09), dragged down by a fall in American Airlines, after some hefty recent gains. Stocks also fell on the back of an increase in oil prices (+2.1%), to USD71.39. As a result, the AMEX Airline Index (-2.1%) was down at the end of trading, while the Dow (+0.5%) rose slightly.
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