Homebuilder ETFs Surge on D.R. Horton Q4 Results

Markets ETF Trends

Home construction stocks and homebuilder-related exchange traded funds climbed Tuesday after D.R. Horton (NYSE: DHI), the largest U.S. homebuilder, reported its highest growth in orders in over a year, revealing the underlying strength of the housing market. On Tuesday, the SPDR S&P Homebuilders ETF (NYSEArca: XHB) rose 3.0%, iShares U.S. Home Construction ETF (NYSEArca: ITB)…Click to read more at ETFtrends.com.

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