Friday 2 October 2020

Real estate stocks close higher on jobs report, despite Trump’s Covid diagnosis

A broad range of real estate stocks ended a volatile Friday ahead, despite major U.S. markets losing ground.  While news that President Trump tested positive for the coronavirus fueled uncertainty, the Labor Department’s employment report showed strong gains in the leisure and hospitality sector. The industry added 318,000 jobs in September, far outpacing August numbers, and accounting for nearly half of the total 661,000 jobs added to the overall U.S. economy. Among the 29 real



source https://therealdeal.com/2020/10/02/real-estate-stocks-closed-higher-on-jobs-report-despite-trumps-covid-diagnosis/

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