You are here

US stock slump hits day 9, worst in two years

New York

SHARES of US homebuilders were in their ninth straight day of free fall after performing four times as well as the broader market last year.

Blame borrowing costs for spooking investors, who worry the shares will decline as rising interest rates make housing more expensive...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes