The Election Sparks a Rally in Homebuilders -- WSJ
Dow Jones2026/11/04 17:21By Gunjan Banerji
Homebuilder stocks are surging.
Some traders said that Tuesday's election sparked optimism about inflation and affordability, since that ranked at the top of the list of voter concerns.
Mortgage rates have been hovering around 7%, and buying a home has felt out of reach for many Americans. Some investors are betting that could now change.
PulteGroup and Lennar shares both jumped 8%, making them some of the S&P 500's top performers.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
November 04, 2026 12:21 ET (17:21 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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