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XHB - Worst Week For REITs Of 2019 As REIT Rejuvenation Loses Steam
SPDR Series Trust Homebuilders
Real Estate Weekly Review
The US equity markets notched their best first-half of the year in more than two decades as expectations of easing monetary policy and slowing-but-steady economic growth lifted the S&P 500 (SPY) more than 17% through the first two quarters. The rally comes despite a downshift in economic data over the past six months, particularly in the goods-producing sectors, setting the stage for a critical week of employment data in the week ahead. With a Federal Reserve interest rate cut now all but certain in July regardless of geopolitical developments