AWAY ETF

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.

Moderating inflation levels, rising expectations of the Fed cutting interest rates three times in 2024, projections for an increase in international travel and an uptick in global passenger traffic surpassing the pre-pandemic levels paint a favorable picture for the tourism industry.

Amplify Travel Tech ETF AWAY is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 38.39% from its 52-week low price of $14.95/share.

With warmer days just around the corner, investors may want to look at some of the top stocks for Spring. For example, college kids all over the U.S. are going on Spring Break.

The travel industry is warming up for a year of recovery and growth, with a strong emphasis on sustainability and technological innovation.

The ongoing holiday season appears to be one of the best ones for transportation companies.

The Conference Board stated that its consumer confidence index increased to 102.0 this month from a downwardly revised 99.1 last month.

The National Retail Foundation came out with its holiday sales projections for 2023 and expects retail to increase 3-4% over last year. But much of that growth comes from online retail and other nonstore sales.