Homebuilder ETFs Jump on Improving Outlook
January 26, 2016 at 14:09 PM EST
Home construction-related exchange traded funds surged Tuesday on speculation of an improving housing market after a widely observed indicator of single-family home prices rose at its fastest pace in 16 months. On Tuesday, the SPDR S&P Homebuilders ETF (NYSEArca: XHB) gained 1.9% and the...