, which were hammered last year during lockdowns but have climbed recently on the reopening hopes, fell more than 4%.
Some of the recent optimism about the leisure industry has waned as the reopening might take a bit longer than initially thought, said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. "We're not out of the woods yet when it comes to the COVID virus and getting to where global economies are reopening," he said. "Some of that enthusiasm has diminished."
A leading epidemiologist at the World Health Organization said on Monday the latest rise in COVID-19 infections worldwide reflected increases among all age groups. Wall Street scaled record highs last week as investors bet on stocks such as industrials and miners that are seen as benefiting from the economic rebound, while highly valued technology stocks regained favor after a retreat in bond yields.
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Stocks close lower on Wall Street, led by tech and banksStocks fell for the second straight day Tuesday, giving up more of their recent gains as Wall Street shifts its focus on a busy week of corporate earnings reports.
Источник: latimes - 🏆 11. / 82 Прочитайте больше »
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Источник: latimes - 🏆 11. / 82 Прочитайте больше »
These stocks are Wall Street analysts’ favorites – and they’re on discount as the market fallsNew for subscribers: What to buy amid the market drop. These are the favorite stocks of Wall Street analysts. Check out CNBCPro today.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
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Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
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Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »