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: PulteGroup stock leads S&P 500 losers amid beatdown of homebuilder sector as Treasury yields climb

Shares of PulteGroup Inc. PHM took a 5.7% dive in afternoon trading Tuesday, enough to pace the S&P 500’s SPX decliners, amid concerns that new home purchases will be hurt as Treasury yields rise. The homebuilder’s stock was headed for its biggest one-day selloff since it tumbled 6.2% on Oct. 19, 2022. Of the S&P […] The post : PulteGroup stock leads S&P 500 losers amid beatdown of homebuilder sector as Treasury yields climb appeared first on ForexTV... Read More
Posted: Sep 5 2023, 17:37
Author Name: forextv
Views: 092095

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