Market Currents
Housing stocks are having a bad day, with the Home Construction Index Fund (ITB) -3.1%, Standard...
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Thursday, May 17, 2012, 11:43 AM ETHousing stocks are having a bad day, with the Home Construction Index Fund (ITB) -3.1%, Standard Pacific (SPF) -6.9%, KB Home (KBH) -4%, PulteGroup (PHM) -5.1%, Hovnanian (HOV) -3.2% and Lennar (LEN) -3.9%. Today's weak economic data (I, II) may be pulling the stocks down following yesterday's mixed housing-starts print.
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