Brian, thank you and welcome to power lunch im Tyler Mathisen big rally. The dow soaring triple digits. It would help the nasdaq avoid the first four day losing streak since november of 2016 now brian talked about the treasuries yields pulling back just a little bit. Lets see where they are right now. The 10 year note at 2. 91 thats down just a bit results of a 29 billion dollar auction just moments away. Could be a market mover. Sometimes they are sometimes not so much. Most stocks are up but these three are down seriously roku plunging, missing profit. 17 , man you dont like any part of that. You dont want any part of that. Missed estimates, guidance wayfair. It says tanning. Wayfairs not tanning, that would be tanking down 20 the company reporting a wider than expected loss and pandora taking a hit Music Streaming Service also posting a wider than expected loss despite the fact that i was listening to it this morning. Thanks. Lets get more on the trading action this hour bob has the
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Inflation data says hotel prices are skyrocketing, but you can still find deals MarketWatch 4 hrs ago
Video: As prices rise, strategies for battling inflation (TODAY)
As prices rise, strategies for battling inflation
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The cost of lodging away from home, including hotel and motel rooms, increased nearly 8% between May and June, according to the latest edition of the consumer price index released this week by the Bureau of Labor Statistics. On an annual, unadjusted basis, hotel rooms rose almost 17%.
Those figures could be somewhat misleading, given that a year ago travel had all but drawn to a halt as a result of the COVID-19 pandemic. Comparing the June 2021 CPI figures with June 2019 arguably, a fairer comparison shows that hotel prices are roughly flat compared to where they were pre-pandemic.
Inflation data says hotel prices are skyrocketing, but the reality is not that simple
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