Shares of home builders have been standouts this month in an otherwise muted period for the stock market, signaling that investors are betting on a swift housing recovery as stay-at-home orders are lifted. The iShares U.S. Home Construction ETF, composed of major builders, home-improvement retailers and other related stocks, surged 18% in May, compared with the S&P 500’s 4.5% monthly gain. National home builders including PulteGroup Inc., Lennar Corp. and D.R. Horton Inc. were among the top gainers in the benchmark index...

Source: Wall Street Journal May 29, 2020 18:09 UTC