Homebuilder Shares Outperform S&P 500 by 1 Point After Subdued PPI, Yet Lennar Targets Underperform

Shares of major U.S. homebuilders advanced more than the overall market early Thursday. By around 10:01 EDT, five leading home construction firms saw an average rise of 1.7%, outpacing the S&P 500 by about one point.

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