New York Despite the Omicron variant of Covid-19, some travel restrictions and event cancellations, it seems many Americans are still getting ready to go away for the holidays — and planning much-needed vacations for 2022.
That's been great news for the beleaguered travel sector.Shares of cruise line operators Carnival and Norwegian , online travel firms Expedia and Booking and casino/hotel companies Caesars and MGM have all surged between 6% and 12% in the past five days, making them among the top performers in the S&P 500. Royal Caribbean , American , United , Delta , Marriott , Hilton , Penn National Gaming and Host Hotels have also posted solid gains in the past week.
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Stocks bounce back from three-day rout on omicron concerns, Dow rallies more than 500 pointsThe major averages rebounded sharply on Tuesday following three days of losses amid fears about the fast-spreading Covid omicron variant. How Back I m 5 Year Invest Stock Market &Mutual Fund &FD My No Benefits No Something Dollar & Money No In My Bank Account Global Economy & New York Stock Exchange & Mumbai Stock Exchange & Stock Market Broker Company and Stock Broker & Bank & Bank Stuff Biggest Guilty & Teft
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Wall Street joins global slump for stocks on Omicron jittersStocks on Wall Street added to their recent string of losses Monday, joining a worldwide slump by financial markets amid worries about how badly the Omicron variant, inflation and other forces will hit the economy.
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Asian stocks firm after Wall Street rout, but Omicron risks loomAsian shares advanced on Tuesday, shrugging off a bruising Wall Street session, as Chinese markets cheered Beijing's move to help troubled property firms, although surging cases of the Omicron coronavirus variant remain a worry for investors.
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