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
Mom And Pop Landlords Dying On The Vine As Un-Evictable Tenants Enjoy Pandemic Protections blacklistednews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blacklistednews.com Daily Mail and Mail on Sunday newspapers.
Rent crisis spirals for U.S. landlords awaiting $47 billion in relief
While the government passed sweeping measures last year to prevent mass homelessness, there was no targeted help for mom-and-pop property owners who provide much of America’s affordable housing.
Bloomberg
(Bloomberg) More than a year since Covid-19 lockdowns put millions of apartment dwellers out of work, almost $47 billion in U.S. government rent relief is hitting the streets. For many landlords, it’s coming much too slowly.
Joaquin Villanueva, an airport janitor who owns a three-unit rental house in East Boston, had to take out a home-equity loan just to pay the bills. One tenant, eight months behind on rent, vanished one night in March. An unemployed restaurant dish washer in another unit owes $5,000.