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Stock impact report

Major real estate stocks see marginal losses, REITs continue to gain [Seeking Alpha]

Northeast Bank (NBN) 
Last northeast bank earnings: 4/22 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.northeastbank.com
Company Research Source: Seeking Alpha
Shares of U.S. companies with the highest percentage of sales to China posted strong returns this week, Wells Fargo noted. China-related ETFs, including the SPDR S&P China fund and the iShares MSCI China ETF, also flew higher this week. The rally came as authorities in the world's second-largest economy unveiled stimulus measures, including rate cuts on existing mortgages, to aid the struggling property market and bolster overall growth. Real estate stocks remained on the sidelines, with the Real Estate Select Sector SPDR ETF ( NYSEARCA: XLRE ) closing the week lower at $44.29. Dow Jones REIT Indx Equity REIT Total Return Index ( NASDAQ: REIT:IND ) finished down from last week. Meanwhile, the FTSE Nareit All Equity REITs index (INDEXFTSE: FNER) ended higher as the sector is seeing a revival on the back of a large rate cut of 50 basis points by the Federal Open Market Committee last week. Sector News The commercial real estate market has been mired in the worst downturn si Show less Read more
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