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11/08/2018

Home-Improvement Stocks Take Beating

Read full WSJ article here, by Jessica Menton 

Shares of home-improvement stocks have suffered sharp losses over the past month as the housing market continues to slump, pressured by rising interest rates and higher materials costs.

Recent data have shown the U.S. economy remains on solid footing, with strong hiring handing workers their best pay raises in nearly a decade.

But housing remains a weak spot. 

 

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