Royal Caribbean, Norwegian Cruise Line And Carnival Soar In A Mixed Day For The Market

U.S. indices had a mixed day of trading Tuesday as investors continue to weigh concerns over inflation and yields, as well as a rotation out of tech and software names. Here's how each of the major indices performed for the trading day:

  • The SPDR S&P 500 ETF Trust SPY also finished higher by 1.02% at $419.17.
  • The SPDR Dow Jones Industrial Average ETF Trust DIA closed higher by 0.56% at $343.96.
  • The Invesco QQQ Trust Series 1 QQQ finished higher by 1.68% at $332.51.

Here are the day's winners and losers from the SPY, according to data from Benzinga Pro.

Royal Caribbean Cruises Ltd RCL, Norwegian Cruise Line Holdings Ltd NCLH and Carnival Corp CCL were the best performing names in the S&P 500 Tuesday.

Cruise line shares were trading higher amid cruise sector and reopening optimism. Norwegian Cruise Line on Monday also announced the resumption of Alaska cruises.

Meanwhile, Edison International EIX, Nucor Corporation NUE and Baker Hughes Co BKR were some of the most hammered names.

Elsewhere On The Street

GameStop Corporation GME surged over 20% on Tuesday despite the general markets trading slightly lower. Since the epic short squeeze that took place in January, there has often been an inverse correlation between GameStop and the SPDR S&P 500 ETF SPY... Read More

It may be time to buy the stocks of Naked Brand Group Limited NAKDBank of America Corporation BAC, and Alibaba Group Holding Limited BABA. All three are at critical junctures... Read More

Airbnb Inc ABNB announced more than 100 platform upgrades Monday in anticipation of “the biggest travel rebound in a century,” said Airbnb CEO Brian Chesky... Read More

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