The chain reaction of the Fed's interest rate cut: small cap stocks are highly favored.
Many smaller AI sector stocks in the Asian market are relatively few, so their valuations are not expensive; coupled with the dovish turn of the Federal Reserve, which has pushed up the currencies of these Asian countries, some central banks have room to lower interest rates and implement loose policies to support economic growth.
Host Hotels Recommends Its Shareholders Of Operating Partnership Units Reject Mini Tender Offer From MacKenzie Capital
Shares of several REITs are trading lower amid a rise in treasury yields, which has weighed on stocks across sectors.
Hostess Brands Sees FY21 Adj. EPS $0.80-$0.85 vs $0.83 Est.
Host Hotels & Resorts shares are trading higher amid a rotation into reopening sectors such as hotels and travel.
Host Hotels & Resorts shares are trading lower after Jefferies downgraded the stock from Buy to Hold and announced a price target of $17 per share.