Builder ETFs Higher After Home Sales; Pulte, Ryland Earnings
April 28, 2011 at 10:48 AM EDT
Exchange traded funds (ETFs) that invest in homebuilder stocks were higher Thursday morning after an index of pending home sales rose 5.1% in March, boosting expectations for the key spring selling season for housing. Within the sector, Ryland Group (NYSEArca: RYL) shares fell while PulteGroup...
