Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • Bitcoin USD

    63,659.28
    -1,113.07 (-1.72%)
     

  • CMC Crypto 200

    1,371.97
    +59.34 (+4.52%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • Dow

    37,986.40
    +211.02 (+0.56%)
     

  • Nasdaq

    15,282.01
    -319.49 (-2.05%)
     

  • Gold

    2,406.70
    +8.70 (+0.36%)
     

  • Crude Oil

    83.24
    +0.51 (+0.62%)
     

  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

Why Expedia Group, Sabre, and Marriott Stocks Fell Today

Rich Smith, The Motley Fool
·2-min read
Why Expedia Group, Sabre, and Marriott Stocks Fell Today

Federal Reserve Chairman Jerome Powell warned that "recovery may take some time to gather momentum, and the passage of time can turn liquidity problems into solvency problems," and those remarks took their toll on investor confidence. As of 1:45 p.m. EDT today, shares of flight and hotel reservations services Sabre (NASDAQ: SABR) were down 9.6%, while Expedia Group (NASDAQ: EXPE) took a smaller, 3.7% hit. Hotel operator Marriott International (NASDAQ: MAR), meanwhile, was down 3.7%.

Continue reading