© Reuters. By Samuel Indyk Investing.com – The UK travel & leisure sector was leading the gains in the stock market on Wednesday amid hopes that the sector will continue to recover. The sub-index was trading higher by around 4.0% with most of its constituents in the green. IAG (LON:) […]
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As the Omicron strain of the coronavirus pandemic spreads at a seemingly unrelenting pace, some investors are growing apprehensive regarding travel and leisure equities. Those concerns could eventually give way to opportunities with assets such as the ALPS Global Travel Beneficiaries ETF (NYSEARCA: JRNY). The consumer cyclical sector, which is […]
© Reuters. By Samuel Indyk Investing.com – The sub-index edged lower on Thursday following the announcement of new COVID restrictions by the UK government after market on Wednesday. UK Prime Minister Boris Johnson delivered a press conference where he outlined new measures to attempt to slow the spread of COVID-19 […]
© Reuters By Samuel Indyk Investing.com – The sector was under selling pressure on Friday after a new COVID variant was discovered in Southern Africa which has been described as the “most significant” seen yet. The UK Transport Secretary Grant Shapps announced new travel restrictions from six countries in Southern […]
© Reuters By Samuel Indyk Investing.com – stocks in the UK will be on high alert over the coming days and weeks as a new mutation of the Delta variant threatens to put a dent in the recovery of the industry that has been hurt more than most by the […]
© Reuters. By Samuel Indyk Investing.com – Travel and leisure stocks were outperforming in the UK on Tuesday after the US Food and Drug Administration (FDA) fully approved Pfizer (NYSE:) and BioNTech’s (NASDAQ:) Covid vaccination. It is the first jab to be fully licenced after previously receiving Emergency Use Authorization […]
(Reuters) – European shares slipped from record highs on Wednesday as global investor mood soured on signs of increasing inflationary pressure, while travel stocks dropped on worries over the Delta variant’s spread in the continent. The pan-European STOXX 600 index fell 0.3% after hitting a record high in the previous […]
By Sruthi Shankar and Devik Jain (Reuters) – Europe’s main index hovered near pre-pandemic highs on Wednesday, as a rise in shares of Adidas after an upbeat sales forecast and gains in telecoms stocks outweighed losses in mining and travel sectors. The pan-European STOXX 600 index edged 0.2% higher after […]
In this episode of MarketFoolery, host Chris Hill is joined by Motley Fool analyst Bill Barker to discuss how the Senate elections in Georgia send ripple effects to the market, as cannabis and solar stocks pop. Walgreens (NASDAQ:WBA) sells its drug distribution business to AmerisourceBergen (NYSE:ABC) in a cash and […]
A raft of countries have banned travel from the UK, with Germany, Italy, the Netherlands, Austria, Belgium and Israel, first announcing a travel ban on Sunday. The news knocked travel stocks on Monday. Photo: Nicolas Economou/NurPhoto via Getty Images Travel, leisure and transport stocks were some of the biggest decliners […]