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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Here’s the real news people
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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
Source: CNBC - 🏆 12. / 72 Read more »
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.
Source: latimes - 🏆 11. / 82 Read more »
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.
Source: Reuters - 🏆 2. / 97 Read more »