The latest data from S&P/Case Shiller’s monthly report showed that home prices are still improving. But David Goldberg, building and building products analyst at UBS, said the group is still overvalued by 10 to 15 percent. What does this mean for the homebuilder stocks going forward?
The S&P 500 touched a 14-month high on Tuesday as investors bet on a housing market comeback in 2010.
Following are the day’s biggest winners and losers. Find out why shares of DreamWorks and Jos. A. Bank popped while Hot Topic and Walgreen dropped.
Home prices rose for the fifth straight month and posted the second quarterly increase, but the pace of appreciation in September slowed and was less than expected, according to Standard & Poor's/Case-Shiller indexes. David Goldberg, homebuilder and building products analyst at UBS, shared his insight on the housing market.
The XHB closed lower Friday after a major homebuilder sparked fresh worries about the housing market. Is the dip an opportunity or a warning?
Stocks finished lower Friday, despite a last-ditch attempt to rally, as technology shares took yet another hit — this time it was weak earnings from PC maker Dell. Still , for the week, the Dow gained about 50 points.
The S&P 500 fell for a third straight day on Friday after weaker than-expected results from Dell and DR Horton left investors questioning the strength of the recovery.
Now that the S&P has broken below 1100 should you harvest profits? Or bet the chase for performance will lift stocks through the end of the year?
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Stocks declined Friday as technology shares took yet another hit — this time it was weak earnings from PC maker Dell. Merck was among the few gainers today as investors moved into classically safe bets like health care, consumer staples and utilities.
Stocks opened lower Friday as technology shares took yet another hit — this time it was weak earnings from PC maker Dell.
The story of the week is the dollar's stabilization and the consequent stall in the stock market. European Central Bank President Jean-Claude Trichet said the ECB will gradually withdraw emergency cash.
Stock index futures were slightly lower ahead of trading Friday, with technology shares pressured by a weak earnings report from PC maker Dell.
What follows is a roundup of corporate earnings reports for Friday, Nov.20.
The latest American Institute of Architects Billings Index was released yesterday showing an increase in inquiries but a slight decrease in billings. Inquiries hit their highest level since August 2008, right before Lehman's collapse and the market's nosedive.
For the first time in a long time the S&P 500 and the dollar traded in tandem with a weaker dollar failing to spark a rally.
For the first time in two weeks, the Dow closed above 10,000. Now all eyes are on the jobs report out Friday before the bell. How should you put money to work?
Stocks tumbled on Wednesday in a broad sell-off, sending the benchmark S&P 500 lower for a fourth straight day, erasing October gains.
Continued signs of stabilization in the market, from a reversal of falling home price to a tightening in credit spreads, have analysts optimistic about the builders' future. No wonder the sector is hot.
Investors who capitalized on the market's amazing six-month run are now going to want to find a way to protect their profits.