BUZZ-US homebuilders climb after report on ‘Trump Homes'

Toll Brothers, Inc. -0.75%
KB Home -0.72%
Taylor Morrison Home Corporation -0.50%
D.R. Horton, Inc. +1.04%
Lennar Corporation Class A +1.23%

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%