Daytrading, Eminis, Forex trading, Swing Trading Market Analysis - 491605
Ram Stone  |  by www.tradingmarkets.com. All rights reserved. 21.11 | 5:43

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(RTTNews) - Hotel stocks advanced on Monday, building on rally that has marked the last few months. With the advance, the sector reached a new 52-week high. The hotel space climbed during the first couple hours of trading.

There was a partial reversal later in the day, but the sector still finished higher by more than 1.6%. This took the space to a new multi-year high.

Hilton Hotels ( | | | ) was among the notable gainers in the group. The stock climbed nearly 2.8% to reach its highest level since 1998.

Marriot ( | | | ) likewise built on a recent uptrend to set a new high.

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