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  • Airline Stocks Advancing After Upbeat United Airlines Traffic Report

    Posted on March 9th, 2010 Market Trends No comments

    Airline stocks are moving notably higher during trading on Tuesday, led by United Airlines parent UAL Corp. (UAUA), which is advancing amid news of a pickup in traffic.

    The strength in the airline sector is reflected by the 3.7 percent gain currently being shown by the NYSE Arca Airline Index. With the gain, the index is recovering from its recent pullback, looking to close at a fresh two-year high.

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