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North America

Tech Sector Weakness Contributes to Corp. Bookings Price Pressure

The DJIA fell 195 points, Nasdaq was up 14, the S&P 500 fell 4 points and the 10 year treasury yield was down .17 to 3.53%. How is that for a weird market? Lodging stocks were mixed. VCSA was down -5% while SLNA traded down to another new low. TruistĀ gave their observations on the latest forward-looking booking and pricing trends for US hotels and checks with contacts. […]

December 1st, 2022

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