homebuilder confidence

Lennar Corp (NYSE: LEN) shares are on the rise as the homebuilder's earnings outperformed expectations on both revenue and earnings per share. While this may be one factor driving the stock price, another catalyst could be the uptick in a separate homebuilder confidence indicator. By The...

The Last Week In A Nutshell What Happened: “The market has taken us on a roller coaster ride that no one would have believed — from the depths of March 2020, when we dropped to a level last seen in 2016 (e.g., $2,237.40 on the S&P 500) to a 51% rally back to reclaim an all...

U.S. weekly rail volumes tumbled nearly 22% last week as COVID-19 and lower crude oil prices take their toll on carloads. Rail traffic in the U.S. for the week ending April 11 totaled 412,503 carloads and intermodal units, a 21.9% decline from the same period in 2019, according to the Association...