North America
September Marked Third Consecutive Month of U.S. Hotel Construction Growth
The DJIA fell 91 points, Nasdaq was down 53, the S&P 500 fell 25 points and the 10-year treasury yield rose another .10 to 4.23%.
Truist believes the companies most likely to see the greatest degree of earnings outperformance this 3Q earnings season will be those with the highest exposure to the group segment.
A new survey from the Hospitality Asset Managers Association painted a somewhat rosy picture for the industry.