KB home scored big on its earnings report.
U.S. small-business owners reported a big drop in December in their plans for spending on things like new equipment, locations and technology, reflecting an increasingly sober economic outlook following last year's stock-market decline.
Constellation, Lennar and KB Home are set to report results for the latest quarter Wednesday as earnings seasons gets underway.
Bad news appears fully priced into these equities.
Stock jumps after company reiterates full-year 2018 guidance and issues positive 2019 outlook.
Toll Brothers issues an uncertain outlook for 2019.
Homebuilding got a boost in October from construction of multi-family projects, but single-home activity slowed amid rising borrowing costs.
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