U.S. homebuilders, real estate stocks rally as yields dive

Builders Firstsource

25/11/2024 17:13

** Interest rate-sensitive homebuilders and real estate shares
rally as yields drop sharply on Mon after President-elect Donald
Trump picked Scott Bessent as U.S. Treasury secretary
    ** Bessent choice  by investors as possibly moderating
negative impact of Trump's policies on U.S. fiscal health
  
    ** 
  
    
      
    
  
    
      
    
  
    
      
    
    
      
    
  
    
      
    
  
    
      
    
    
      
    
  
    
      
    
  

(Lance Tupper is a Reuters market analyst. The views expressed
are his own)
((lance.tupper@thomsonreuters.com
lance.tupper@tr.com 1-646-279-6380))