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Buccini/Pollin Group

North America

Short-Term Rental Crackdown in New York City

The DJIA rose 29 points on Friday, losing most of its gains for the day. Nasdaq was up 109, the S&P 500 rose 10 points and the 10-year treasury yield was up .03 to 3.52%. Lodging stocks were higher. SOND was the biggest gainer, up 8% while ABNB and VCSA were both up 6% on the day. Wells Fargo cut their rating on Hyatt Hotels to […]

January 29th, 2023

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