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MAR - Marriott International Inc News Story

$144.51 -3.1  -2.1%

Last Trade - 05/05/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £34.61bn
Enterprise Value £41.45bn
Revenue £7.61bn
Position in Universe 256th / 6846

RPT-BUZZ-U.S. stocks weekly: Tightrope

Mon 29th March, 2021 12:23pm
(Repeats from Friday, no changes to text. Updates chart) ** S&P 500 .SPX rallies on strong recovery hopes, finishes up 1.6%. Quarter-end rebalancing leads to choppy trade urn:newsml:reuters.com:*:nL1N2LN2WF ** In any event, for the Dow .DJI , out of the blue, a red line strikes urn:newsml:reuters.com:*:nL1N2LK0Y8 ** This, with the Nasdaq .IXIC on less than firm footing urn:newsml:reuters.com:*:nL1N2LL170, the SPX showing divergent paths urn:newsml:reuters.com:*:nL1N2LM102, and small caps .RUT being tossed around urn:newsml:reuters.com:*:nL1N2LN19J ** And for the China Large-cap ETF FXI.P a shooting star can suggest burnout urn:newsml:reuters.com:*:nL1N2LL1UI ** Vast majority of sectors advance: Defensive plays and energy most stable, while communication services stumble ** Energy .SPNY leaps 3%. Oil stocks rise on fears Suez Canal blockage may last weeks urn:newsml:reuters.com:*:nL4N2LO2Y7 ** Tech .SPLRCT surges 2.5%. Applied Materials AMAT.O best in sector, up 12%, on $7.5 bln share buyback plan urn:newsml:reuters.com:*:nL4N2LK432, and Intel's INTC.O $20 bln plan to expand manufacturing lifts chip equipment makers urn:newsml:reuters.com:*:nL4N2LM328 ** Materials .SPLRCM gain 2.5%. Nucor NUE.N hits near 13-yr high after co to build new tube mill in Kentucky urn:newsml:reuters.com:*:nL4N2LN48Z, and steel stocks jump ahead of U.S. infrastructure spending announcement urn:newsml:reuters.com:*:nL1N2LO1RO. As for precious metals mining shares .XAU , there's pressure in the shaft urn:newsml:reuters.com:*:nL1N2LO11J ** Industrials .SPLRCI up 2.2%. Kansas City Southern KSU.N jumps on $25 bln buyout deal with Canadian Pacific Railway CP.TO ** Consumer Discretionary .SPLRCD dips 0.2%. Travel-related shares slip on renewed virus curbs in Europe urn:newsml:reuters.com:*:nL4N2LL44G ** Communication Services .SPLRCL slumps 1.9%. ViacomCBS VIAC.O plummets 50% as Wall Street analysts turn bearish after media firm's nearly $3 bln capital raise, and peer Discovery Inc DISCA.O also dives 46% in volatile trade urn:newsml:reuters.com:*:nL1N2LO27S ** Meanwhile, GameStop GME.N tumbles, then bounces after videogame retailer says might cash in on meteoric rise in its share price to fund e-commerce expansion urn:newsml:reuters.com:*:nL4N2LN3QH urn:newsml:reuters.com:*:nL1N2LN3EA ** SPX performance YTD: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SP 500 2021 YTD THROUGH MARCH 26 https://tmsnrt.rs/3syCo7E ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Lance Tupper and Terence Gabriel are Reuters market analysts. The views expressed are their own) ((lance.tupper.tr.com@reuters.net lance.tupper@tr.com terence.gabriel.tr.com@reuters.net terence.gabriel@tr.com))
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