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Wednesday Sector Laggards: Home Builders, Real Estate Stocks
Wednesday, May 8, 4:18 PM ET

In trading on Wednesday, general contractors & builders shares were relative laggards, down on the day by about 1.7%. Helping drag down the group were shares of KB Home (NYSE:KBH), off about 4% and shares of Ryland Group (NYSE:RYL) off about 3.5% on the day.

Also lagging the market Wednesday are real estate shares, down on the day by about 0.8% as a group, led down by Zillow (NASDAQ:Z), trading lower by about 10% and China Housing & Land Development (NASDAQ:CHLN), trading lower by about 6.4%.

For MarketNewsVideo.com, I'm Sayoko Murase.

Wednesday Sector Laggards: Home Builders, Real Estate Stocks picture
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