BUZZ-US homebuilders climb after report on ‘Trump Homes'
Toll Brothers, Inc. TOL | 135.83 | -0.75% |
KB Home KBH | 50.85 | -0.72% |
Taylor Morrison Home Corporation TMHC | 58.02 | -0.50% |
D.R. Horton, Inc. DHI | 139.69 | +1.04% |
Lennar Corporation Class A LEN | 86.49 | +1.23% |
** Shares of U.S. homebuilders rise in morning trading
** U.S. homebuilders are working on a proposal to develop nearly a million "Trump Homes", Bloomberg News reports
** Among homebuilders, Lennar LEN.N rises 7% and D.R. Horton DHI.N up 6.5%
** Peer Pultegroup PHM.N, KB Home KBH.N, Taylor Morrison TMHC.N, Toll Brothers TOL.N and NVR Inc NVR.N also up between 4% and 6.6%
** PHLX Housing Index .HGX up 4.2%
