S&P 500, NASDAQ Close Higher Ahead of Big Tech Earnings, Fed Decision

The stock market closed mixed on Monday, with S&P 500 and NASDAQ hovering at all-time highs. Investors kept a close eye on rising oil prices amid tensions with Iran, while preparing for a pivotal week featuring major tech earnings and a Federal Reserve rate decision.

Overall, S&P 500 grew 0.1% to 7,174, while NASDAQ increased 0.2% to 24,887.

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Here is the one-year chart of Atour Lifestyle (ATAT) as of March 19, 2026, when the stock was at $36.

Chinese hotel chain Atour Lifestyle (ATAT) continued its expansion, reaching 2,015 hotels last quarter and completing its “Chinese Experience, 2,000 Premier Hotels” initiative. The growth in hotel network, coupled with a rapidly expanding retail segment, drove the company’s strong financial performance.

Last quarter, Atour Lifestyle recorded 58% profit growth on a 34% increase in revenue. The company opened 97 new hotels and had 779 hotels under development. At the same time, its retail business grew 52% year on year, driven by “Deep Sleep” pillows and comforters, which has sold over 10 million units and remains the top-selling products online.

In early 2026, Atour Lifestyle introduced its new three-year strategic plan, “Chinese Experience, Brand-Led Excellence”. This shifts the company’s emphasis from rapid hotel network growth toward enhancing customer experience and brand leadership. For 2026, management expects revenue to increase by 20% to 24%.

ATAT looks like it can also be a good investment, and is part of our Growth Portfolio.

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