Market Insights

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Housing Stocks Have Barely Flinched as Technology Stocks Plunged

Housing Stocks Have Barely Flinched as Technology Stocks Plunged

Housing stocks have barely dropped this month, even as volatility swept the broader market. The iShares U.S. Home Construction ETF (ITB) closed yesterday just 2.6 percent below its 52-week high. The S&P 500 in contrast, is almost 8 percent below its peak. The...

Stocks Pause Ahead of Fed Meeting, Major Technology Earnings

Stocks Pause Ahead of Fed Meeting, Major Technology Earnings

Stocks are pausing with several important and uncertain events looming this week. The S&P 500 fell 0.3 percent between Friday, July 17, and Friday, July 24. It was the first decline in four weeks and occurred at the same level where the coronavirus correction...

Homebuilders Gaining as Market Looks for Brighter Future

Homebuilders Gaining as Market Looks for Brighter Future

Housing stocks are on the move as Wall Street looks for a rebound in the industry. The iShares US Home Construction ETF (ITB) is up more than 2 percent in the last week. That makes it one of the best-performing major industry exchange-traded funds (ETFs) over that...