July 4 travel is set to stay strong despite inflation and high gas prices. These ETFs could benefit from holiday spending trends.
Cautious consumers, strong goods demand! ETFs to watch this holiday season: likely winners XLY, ONLN, BPAY, CHAT, likely laggards EATZ, AWAY.
Lower gas prices and record travel could lift ETFs like JETS, BEDZ and EATZ during the July 4 holiday rush.
Americans are back to traveling and spending. Discover 4 ETFs poised to benefit from the summer travel surge amid falling gas prices, and record-low airfare.
The hospitality sector is anticipating a strong rebound in 2025, which could present compelling opportunities for investors. As global travel restrictions caused by disease and geopolitical tension continue to ease and pent-up demand for leisure and business travel surges, the sector is anticipating healthy growth.
Though a less-dovish Fed for 2025 may slightly dampen moods on Wall Street, a moderate Santa Claus Rally seems likely this year.
For investors seeking momentum, ETFMG Travel Tech ETF AWAY is probably on the radar. The fund just hit a 52-week high and is up 31% from its 52-week low of $17.13 per share.
RTH, which had underperformed the S&P 500 since April, has started seeing renewed interest over the past month. Consumer spending is abetting US GDP growth, consumer confidence looks resilient, and the holiday shopping season is here. Retailers appear to have built higher-than-normal levels of inventory ahead of the holiday season this year, which is not expected to be great relative to historical standards.
Summer is halfway over, and travel demand remains high. TSA data points to a 2024 summer season that has so far been more active than 2023 and even prepandemic in 2019.
Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this edition, we look at single-stock ETFs, which are having a moment in 2024 as Nvidia's stock has seen an extraordinary rally.