Delta earnings tip off potential boom in summer travel
baona/E+ via Getty Images

The travel and leisure sector got a jolt early on Wednesday when Delta Air Lines (NYSE:DAL
+5.4%) disclosed that it had the highest bookings ever over a five-week period. That has investors looking at a summer travel trade across multiple discretionary categories.
Airline stocks that broke higher included American Airlines Group (NASDAQ:AAL
+9.7%), Southwest Airlines (NYSE:LUV
+6.6%), Allegiant Travel Company (NASDAQ:ALGT
+5.3%), United Airlines (NASDAQ:UAL
+4.8%) and Sun Country Airlines (SNCY
+5.7%).
Lodging stocks Hyatt Hotels (H
+3.4%), Marriott International (MAR
+3.5%), Marriott Vacations Worldwide (VAC
+2.0%) and Hilton Worldwide (HLT
+2.4%) also gained.
Casino stocks Caesars Entertainment (CZR
+3.5%) and MGM Resorts (MGM
+2.4%) rallied, while incrementally better COVID news from Shanghai also helped push Las Vegas Sands (LVS
+2.9%) up.
In the theme park sector, SeaWorld Entertainment (SEAS
+5.1%) pushed higher following a price target boost from Stifel and Six Flags Entertainment (SIX
+2.2%) was also in positive territory
Broad market update: Nasdaq, S&P 500, Dow Jones trade mixed after hot PPI, JPMorgan miss.