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Lennar Shares In Building Mode: Behind The Earnings Beat And Rising Homebuilder Confidence

Lennar Corp (NYSE: LEN) shares are on the rise as the homebuilder's earnings outperformed expectations on both revenue and earnings per share. While this may be one factor driving the stock price, another catalyst could be the uptick in a separate homebuilder confidence indicator.


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Dow Tumbles Over 500 Points; US Producer Prices Decline In February

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 500 points on Wednesday. Following the market opening Wednesday, the Dow traded down 1.69% to 31,612.42 while the NASDAQ fell 1.26% to 11,284.65. The S&P 500, also fell, dropping, 1.64% to 3,855.15.