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Goldman Sachs raised the target price of several hotel chain stocks. Goldman Sachs raised the target price of Hilton Hotel from $247 to $277, Hyatt Hotels Group from $151 to $167, and Marriott from $280 to $314.The Canadian dollar expanded its gains to an intraday high.Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.

Bank of Canada: Other federal and provincial policies will affect the dynamics of demand and inflation; The central bank will pay attention to potential trends. The decline in the level of immigration shows that the GDP growth in 2025 will be lower than the forecast of the central bank in October; Its impact on inflation will be more moderate.Goldman Sachs raised the target price of several hotel chain stocks. Goldman Sachs raised the target price of Hilton Hotel from $247 to $277, Hyatt Hotels Group from $151 to $167, and Marriott from $280 to $314.The power company said that Nigeria suffered a nationwide power outage due to power grid failure.

The S&P 500 index opened up 0.5%, while the Nasdaq 100 index rose 0.9%.CEO of ExxonMobil: Our next generation graphite will shorten the charging time and increase the cruising range of electric vehicles by 30%.Goldman Sachs CFO Coleman: US President-elect Trump announced the chairman of the Federal Trade Commission (FTC). It is expected that this progress will lead to more M&A transactions.