Real estate stocks jump into a long weekend — here’s what REIT traders watch next
U.S. real estate stocks finished Friday on a strong note, with the Real Estate Select Sector SPDR Fund rising roughly 1.2% to close at $42.21.
Real Estate Stocks Jump Into Holiday Week: XLRE, VNQ Hold Up Despite Yield Pop
U.S. real estate stocks climbed late in the week despite rising interest rates. The Real Estate Select Sector SPDR Fund closed Friday up 1.2% at $42.21. Vanguard Real Estate ETF also advanced 1.2%, finishing at $92.62, while iShares U.S. Real Estate ETF added 1.3% to end at $98.31.