New home sales rose to 724,000 in March from 674,000 a month prior. That was about 40,000 more than forecast. Likely helping was the drop in mortgage rates in March. But that has proven short-lived as rates have risen since. Supply is also climbing.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
After Monday’s broad-based sell-off — triggered by renewed pressure from President Donald Trump on Federal Reserve Chairman Jerome Powell, raising concerns over the integrity of central bank independence — Wall Street bounced back with strength on Tuesday, buoyed by upbeat signals from the corporate earnings sea
The SPDR S&P Homebuilders ETF (XHB) has entered bear market territory, down nearly 24% from its 52-week high as mounting challenges weigh on the sector.
Consider PULTEGROUP INC as a top value stock. NYSE:PHM shines in terms of profitability, solvency, and liquidity, all while remaining very reasonably priced.
Shares of PulteGroup, one of the nation's largest homebuilders, moved higher by 1.4% Thursday. The stock is rising following a strong rebound in existing home sales and rising home prices.
Revisiting the LA fires … the national housing situation is a mess … are these conditions bullish for homebuilding stocks? … what TradeSmith’s quant tool tells us
