South Dakota

The DJIA gained about 1%, or about 270 points, while Nasdaq rallied 2.4%. The S&P 500 added about 1.7%, erasing an earlier decline of 0.7%, and the 10-year treasury yield climbed to 3.58%. It’s been a wild week. Baird upgraded their rating on Choice Hotels International to Outperform. They believe their earnings outlook is improving for 2023-2024 and uncertainties are moving to the rearview mirror. Baird […]

The DJIA was down 157 points while Nasdaq was up 68, the S&P 500 was down a point and the 10-year treasury yield was up another .04 to 3.76%. Lodging stocks were higher but it was the dollar amount on the higher priced C Corps that was the story. Marriott was up $6.90 a share, Hyatt was up $4.73, Hilton was up $2.38 and Airbnb is currently surging double digits in after […]

The DJIA ended Friday with a gain of 199 points while Nasdaq was up a point, the S&P 500 rose 19 points and the 10-year treasury yield was up .04 to 3.82%. Lodging stocks were higher. MCG and INN both were up 6% while SVC and SLNA were up 5% each. SOND fell -5% on the day. Xenia Hotels & Resorts announced its board […]