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Stock impact report

Homebuilder Stocks Buck Market Selloff as Mortgage Rates Drop [Yahoo! Finance]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
Company Research Source: Yahoo! Finance
The move higher came as Treasury yields and mortgage rates fell, which could help homebuilders by stimulating demand. Some real-estate companies could see a relatively modest impact from the tariffs and benefit if lower rates can help “unlock the housing market,” Citi analysts said. Shares of several U.S. homebuilders rose Friday—in a reversal from a sharp selloff a day earlier—as Treasury yields and mortgage rates fell. D.R. Horton ( DHI ), PulteGroup ( PHM ), and NVR ( NVR ) shares were among the top gainers in the S&P 500 Friday. Others including Lennar ( LEN ), Toll Brothers ( TOL ), Taylor Morrison Home ( TMHC ), KB Home ( KBH ), and Meritage Homes ( MTH ) also made gains, even while much of the broader market declined in the wake of the Trump administration's announcement of sweeping new tariffs . The S&P 500 lost 6%. (Read Investopedia's live coverage of today's market action here The move higher for homebuilder stocks came as Treasury yields and mortgage rates dropped Show less Read more
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