Nebraska

The DJIA rose 316 points, Nasdaq was up 185, the S&P 500 rose 51 points and it did not take long for the 10-year treasury yield to move back up, with the yield rising .13 to 3.61%. Lodging stocks were higher. AINC was the biggest mover, rebounding 13% while VCSA bounced 12%. SLNA traded down to a new low before bouncing a bit. […]

The DJIA fell 80 points, Nasdaq was down 97, the S&P 500 fell 16 points and the 10 year treasury yield was down .03 to 4.05%. Lodging stocks were mixed. SOND rose 8% but Selina (SLNA) plunged another -23% and is now down to near where it was in price when they completed the merger with BOA. In just a few days the […]

The DJIA was up 338 points while Nasdaq was up 97, the S&P 500 was up 42 points, while the 10-year treasury yield was down nearly .02 to 4.00%. Lodging stocks were modestly higher. SOHO led the group, up 7% while INN was up 5%. Evercore ISI Group upped its rating on DiamondRock Hospitality to Outperform from In-Line. US Travel’s latest Business Travel Tracker finds American companies […]

The DJIA fell another 325 points on Monday, Nasdaq was up 0.1%, the S&P 500 fell 0.6% and the 10-year treasury yield rose to 3.88%. Peachtree Hospitality Development is on track to deliver a record year of development achievements. In 2022, PHD opened three select-service hotels, with another hotel slated to open later this year. In addition, the company will break ground this year […]

Fed Chief Jerome Powell once again roiled the financial markets with a speech. His legacy is that he was a good leader of the Fed who never should have held a press conference because his comments always seem to have a negative effect on the market. The DJIA plunged 1008 points on Friday while Nasdaq was down 498, the S&P 500 fell […]