Hotel rates on the rise as travel demand ticks up (SPY flat +0.03%). Stocks making the biggest moves midday: Shopify, Spotify, Enphase Energy.
Here is the current market situation from CNN Money
North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Canadas Oil Sands In Trouble As COVID Cases Soar The northern parts of Canadas province of Alberta have seen rising coronavirus cases in recent weeks with several oil sands sites becoming hot spots of outbreaks as workers are flying in and out for maintenance at the crude upgraders. The high active COVID cases have not impacted production in the Canadian oil patch, but some maintenance work has been stretched because of the outbreaks, industry officials told Bloomberg. According to data from Alberta Health at the start of this w
By Lawrence Hurley
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday turned away a challenge by Republican-governed Texas to a law enacted by Democratic-led California that bars state-funded travel to states deemed to be hostile to the rights of LGBT people.
The 2016 measure was enacted in the most populous U.S. state in response to laws in conservative states that allowed certain businesses to refuse service to LGBT customers. Those laws cited the need to protect religious liberty.
Two conservative justices, Samuel Alito and Clarence Thomas, said they would have heard the case.
Texas sued after California in 2017 added it to its list, now numbering 12, of states covered by the ban.
By Lawrence Hurley
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday turned away a challenge by Republican-governed Texas to a law enacted by Democratic-led California that bars state-funded travel to states deemed to be hostile to the rights of LGBT people.
The 2016 measure was enacted in the most populous U.S. state in response to laws in conservative states that allowed certain businesses to refuse service to LGBT customers. Those laws cited the need to protect religious liberty.
Two conservative justices, Samuel Alito and Clarence Thomas, said they would have heard the case.
Texas sued after California in 2017 added it to its list, now numbering 12, of states covered by the ban.
U S Supreme Court spurns case over California LGBT rights-related policy reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.