Friday, November 03, 2023 4:25:15 PM
Exchange-traded funds that invest in stocks linked to home builders soared this week, blowing past the strong performance of the Dow Jones Industrial Average and S&P 500 index.
Shares of the iShares U.S. Home Construction ETF ITB have jumped more than 13% so far this week, putting the fund on track for its best weekly performance since May 2020, according to FactSet data, at last check. The SPDR S&P Homebuilders ETF XHB has climbed 11% this week based on Friday afternoon trading...
https://www.marketwatch.com/story/home-builder-etfs-surge-this-week-exceeding-the-dows-big-gains-7cee8481
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