realestate

Real Estate Stocks Decline on Disappointing Earnings Reports

The Real Estate Select Sector SPDR Fund ETF (XLRE) fell 1.50% to $44.07, with three positive trading sessions.

F
inancials On the Move

    Real estate stocks stumbled as earnings season got underway with lackluster results, further weighed down by a bond sell-off that put pressure on equities overall. The Real Estate Select Sector SPDR Fund ETF (NYSEARCA:XLRE) closed the week in negative territory.

Stock market graph with declining real estate stocks amidst disappointing earnings reports globally.