February 20, 2013 at 17:49 PM EST
Drop In Housing Starts Axes Homebuilder ETFs
The stock market http://www.investors.com/stock-market-todaytook an ax to homebuilder ETFs Wednesday after housing starts dropped more than expected in January and Toll Bros. (TOL) -- the biggest U.S. luxury homebuilder -- missed Wall Street's first-quarter estimates. IShares Dow Jones U.S. Home Construction (ITB) fell 6%, the most in nine months. SPDR S&P Homebuilders (XHB) skidded 4%. Housing starts dropped 8.5% to an annualized rate of 890,000 in
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here