Friday 27 March 2020

Stimulus deal buoys real estate stocks, but coronavirus maintains its grip

The mid-week market optimism slid away Friday, as real estate stocks — including real estate investment trusts, brokerage firms and homebuilders — fell along with the broader market. Markets did end the week higher but today’s dip, which came despite the House and Senate approving a historic $2 trillion stimulus deal, was another signal that the coronavirus still has a grip on the economy. Layoffs from closures of restaurants, hotels and scores of other businesses



source https://therealdeal.com/2020/03/27/stimulus-deal-buoys-real-estate-stocks-but-coronavirus-maintains-its-grip/

No comments:

Post a Comment