Real estate stocks bounce at week’s end; here’s what XLRE and VNQ investors watch next
U.S. real estate shares climbed Friday, just before another batch of U.S. economic numbers. The Real Estate Select Sector SPDR Fund advanced 1.8% to $41.99. Vanguard’s VNQ picked up 1.6%. Equinix, focused on data centers, jumped roughly 5%. Simon Property Group, which owns malls, tacked on 1.2%.