United and Continental CEO to give depositions for latest court case; Alaska Air up

North and South American airline stocks rallied on Tuesday (17-Aug-2010) as wider markets advanced on encouraging economic data and improved financial results from Wal-Mart. The Dow (+1.0%) was up after the Federal Reserve stated industrial production rose 1.0% in Jul-2010, while the US Government reported a 1.7% increase in the construction of new homes.

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