Page 31 - ஹில்டன் உலகளவில் ஹோல்டிங்ஸ் இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stimulus hopes drive Dow to closing peak but interest rate worries loom
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US STOCKS-Stimulus hopes drive Dow to closing peak but interest rate worries loom
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(Repeats story first published Friday with no changes to text)
NEW YORK, Feb 12 (Reuters) - Investors are watching next week’s earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID-19 for indications of which companies could be the first to bounce back when the pandemic recedes.
For nearly a year, money managers have largely looked past earnings in the travel and leisure sector, where coronavirus-fueled lockdowns and travel restrictions battered companies’ businesses and crushed their stock prices: shares of Marriott and Norwegian Cruise Lines, for example, are down 12% or more in the last year, compared to a nearly 17% gain for the S&P 500 through Friday afternoon.
US Investors Take an Interest in Travel, Leisure Stocks
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