Sunday, May 13, 2018

RPT-Wall St Week Ahead-Homebuilders poised for gains but face interest-rate fears

By April Joyner NEW YORK, May 11 (Reuters) - Some investors are betting on shares of homebuilders to outperform U.S. stocks at large, but with interest rates expected to rise they may have to wait several months before those bets pay off. The U.S. economy looks ideal for homebuilding stocks to benefit. The unemployment rate has fallen to its lowest level in more than 17 years and consumer confidence is near the highest levels in 17 years, according to the Conference Boar

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