A class action lawsuit filed against D.R. Horton (DHI) and its mortgage subsidiary has put the homebuilder in focus. The case accuses the company of omitting required property taxes from initial ...
Evercore ISI cut its ratings on major U.S. homebuilders, saying the sector’s summer rally has run ahead of reality as demand remains sluggish despite easing mortgage rates.
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Stocks Turn Lower as Chipmakers Retreat
Stock indexes gave up an early advance today and turned lower as most chipmakers retreated following Monday’s surge. The S&P 500 and Nasdaq 100 initially rallied to new all-time highs today, driven by ...
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Stocks Settle Lower on Weakness in Chipmakers
The S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.38%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.55%. December ...
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