“What we have got is a significant amount of uncertainty over the evolution of coronavirus pandemic, which is maintaining a risk premium for the transportation, leisure and hospitality sectors,” said Alastair George, head strategist at Edison Investment Research.
Official data, due for release at 0900 GMT, is likely to confirm that euro zone economy suffered its deepest contraction on record in the second quarter. Investors also await progress in negotiations over U.S. economic stimulus, a factor that has helped push U.S. stocks to near all-time highs.
If travel stocks are going to go down as much with each travel ban (restriction) and quarantine news, they may soon hit zero The Winter is coming... But, the market did not realize (!) it until today... So surprising! investing trading stocks
drag down hmm...KAG