Delta Air Lines reports better than expected results; LAN reports net profits; Continental down

The majority of North and South American carriers stocks were down on Tuesday (26-Jan-2010), moving with the wider market. The Dow was flat as investors became cautious of major political and regulatory developments to be announced later this week, overshadowing a third consecutive improvement in US consumer confidence. Meanwhile, oil prices (+0.7%) were up, to USD74.71. The AMEX Airline Index (-1.5%) was pushed lower as a result.