SPDR Homebuilders ETF News
KB Home Rises on Upgrade to Outperform at RBC Capital Markets
KB Home is upgraded to outperform from sector perform at RBC Capital Markets, with the firm citing an improvement in the company's pricing dynamics.
Multi-Family Projects Boost Homebuilding, But Single-Family Construction Lags
Homebuilding got a boost in October from construction of multi-family projects, but single-home activity slowed amid rising borrowing costs.
Here's what Redfin may say about the housing market
This play on Home Depot could net you a gain.
What Is Disturbing About the Dow Jones Industrial Average's Epic Dive Monday
The stock market took a full on beating Monday as investors reassessed risk across the board. Here's one thing that stood out in Monday's ugly session.
Facebook's Cambridge Analytica Debacle Will Have Wall Street Talking Monday
Facebook's handling of the Cambridge Analytica situation over the weekend will likely dominate headlines on Monday. So will the crash in bitcoin prices.
Stock Markets Are Booming Again but Panties Prices Continue to Plunge
It's Friday and that means it's time for a little fun. Did you know that the price of panties is plunging? True story. Meanwhile, here are some quick things to know about markets this week. To be sure, stocks have enjoyed quite the bounce.
Apple Is Leading a Resurgent Stock Market
With Chinese and Korean markets closed for the Lunar New Year, Japan was the center of attention in Asia and the nomination of Bank of Japan governor Haruhiko Kuroda for another term helped support the market. European stocks also opened in positive territory
Homebuilder ETFs Oddly Spike After Janet Yellen Hikes Rates
Banking stocks, which will be more profitable with higher interest rates, were falling Wednesday afternoon.
Monday's Housing Data is Powering These Stocks to New 52-Week Highs
On Monday, the Commerce Department said that sales of new-U.S. single-family homes spiked in October to their highest level in 10-years as high demand across the country powers sales.
Tesla Stock Higher As Elon Musk Sells $6.9 Billion Shares, Citing Twitter Deal
"In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock," Musk said.
Apple Stock Edges Higher Despite Cautious Smartphone Outlook From Supplier Foxconn
Foxconn, Apple's main iPhone assembler, forecast muted smartphone revenues for its September quarter amid waning global demand.
Disney Earnings Preview: Disney+ Steaming Growth In Focus After Netflix Stumble
Disney needs to add more than 9 million streaming users each quarter in order to meet its September 2024 goal of between 230 million and 260 million global subscribers.