- The homebuilders were under pressure all day long and added to losses following the Fed's 25 basis point rate hike and signal that two more moves were coming before year-end.
- The 10-year yield briefly surged back above 3%, but settled up just one basis point at 2.975%.
- The iShares U.S. Home Construction ETF (ITB -3.7%).
- Individual players: Toll Brothers (TOL -4.3%), Pulte (PHM -6.7%), D.R. Horton (DHI -4.2%), KB Home (KBH -7.3%), Lennar (LEN -4%)
Fed day proves a rough one for homebuilders
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About TOL Stock
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Symbol | Last Price | % Chg |
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TOL | - | - |
Toll Brothers, Inc. |