Consumer Cos Flat After Tax Bill, Housing Data -- Consumer Roundup

Features Dow Jones Newswires

Shares of retailers and other consumer companies were more or less flat after the House of Representatives voted for a massive tax-cut bill.

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Home builders held near record highs after another round of strong data from the industry. Housing starts rose 3.3% in November from the prior month to a seasonally adjusted annual rate of 1.297 million, the Commerce Department said Tuesday.

Darden Restaurants rose after the operator of Olive Garden and Longhorn Steakhouse restaurants posted sales ahead of Wall Street targets.

--Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

December 19, 2017 17:13 ET (22:13 GMT)