So Youâve Decided on a Trip to Europe. Now What?
May 16 2021, 2:22 AM
May 15 2021, 5:30 PM
May 16 2021, 2:22 AM
(Bloomberg Opinion) The vaccine rollout is accelerating on both sides of the Atlantic and the European Union is trying to reopen its borders to Americans in time for the all-important summer travel season. Thatâs good news for the airlines and a welcome development for would-be vacationers â but a trip to favorite destinations such as France, Spain and Italy will take some extra navigation this year.
(Bloomberg Opinion) The vaccine rollout is accelerating on both sides of the Atlantic and the European Union is trying to reopen its borders to Americans in time for the all-important summer travel season. Thatâs good news for the airlines and a welcome development for would-be vacationers â but a trip to favorite destinations such as France, Spain and Italy will take some extra navigation this year.
Dow Jones Recovers Previous Day Losses Jumping 400 Points on Thursday
3 hours ago by Bhushan Akolkar · 2 min read
Photo: NYSE / Twitter
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Investors and the market are looking closely at the inflation data as Wall Street looks to navigate through these muddy waters. Fears of inflation have also triggered a sell-off in growth stocks recently.
On Thursday, May 13, Dow Jones Industrial Average (INDEXDJX: .DJI) jumped over 400 points recovering its previous day losses. The Dow Jones jumped 1.3% or 433 points closing above 34,000 points. This is a sharp renounce from the previous day’s volatility in the US stock market.
Carnival And American Airlines Soar As The SPY Closes Higher
The
The
The
SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA) finished higher by 1.12% at $344.26.
Here are the day s winners and losers from the SPY, according to data from Benzinga Pro.
Among the top leaders for the S&P 500 were popular reopening plays:
Carnival Corp (NYSE:CCL),
American Airlines Group Inc (NASDAQ:AAL) and
United Airlines Holdings Inc (NASDAQ:UAL).
Notable laggards for the S&P 500 included
Walt Disney Co (NYSE:DIS),
Fox Corp Class B (NASDAQ:FOX) and
Kellogg Company (NYSE:K).
Elsewhere On The Street
On Thursday afternoon, Disney reported second-quarter EPS of 79 cents on revenue of $15.61 billion. Both numbers exceeded consensus analyst estimates of 27 cents and $15.87 billion, respectively. Revenue was down 13% from a year ago…
Фондовый рынок США вырос после трехдневного падения interfax.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.ru Daily Mail and Mail on Sunday newspapers.
A key event for the market today will be the Producer Price Index, which is due out at 8:30 a.m. ET. Consensus forecasts are calling for a 0.3% rise in headline inflation and a 0.4% increase in the ex-food and energy rate. It should be noted that forecasts for yesterday s closely watched Consumer Price Index were off by a considerable margin.
Also at 8:30 a.m. ET, the Labor Department will release its weekly report on initial jobless claims, expected to come in at 500,000 for the week ending May 8. That would be up 2,000 from the prior week.
Bitcoin traded sharply lower this morning, down more than 7% to around $50,000 per token, in the wake of Elon Musk s announcement that Tesla (TSLA) stopped, at least temporarily, accepting the cryptocurrency as payment for its products. (CNBC)