- Lumber futures are down another 3.4% today, bringing the cumulative decline since mid-May to nearly 33%.
- Is it an economic leading indicator or just speculative action reversing?
- Notable timber names today: Weyerhaeuser (WY flat), Rayonier (RYN +1.2%), CatchMark Timber Trust (CTT -0.2%).
- Homebuilder/construction ETFs: XHB, ITB, PKB, NAIL, HOML, CLAW
Lumber continues to crumble
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Symbol | Last Price | % Chg |
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WY | - | - |
Weyerhaeuser Company |