Hard-Hit Homebuilders Soar Most Since April 2020 on CPI Data

December 5, 2022
Breanna Bradham & Norah Mulinda - Bloomberg

D.R. Horton Inc., Lennar Corp. and other homebuilder companies’ shares staged the biggest rally in more than two years as a slowdown in the pace of inflation fueled bets that the Federal Reserve will start dialing back the pace of its interest-rate hikes.

Reprinted courtesy of Breanna Bradham, Bloomberg and Norah Mulinda, Bloomberg


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