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via seekingalpha.comMarkets

Real estate stocks trade mixed as earnings releases pick pace

FROM THE WIRE · SEEKINGALPHA.COM

[REIT. Real estate investment trust. Financial Market. Hand pressing button on screen] Funtap/iStock via Getty Images Real estate stocks traded mixed in a week that saw earnings releases gain momentum. The S&P 500 Real Estate Index Sector (SP500-60) increased 0.86%…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralReal estate shares were mixed as earnings season gathers pace, relevant for REIT investors.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The S&P 500 Real Estate Index rose 0.86% week-over-week to 271.41 points.
  2. 02The XLRE ETF rose 0.97% to $42.57.
  3. 03CBRE reported EPS above estimates but revenue below expectations.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
CBRE Group, Inc.CBREStock123.30 USDMarket closedtoday -6.05%Neutral State Street Real Estate Select Sector SPDR ETFXLREETF42.57 USDMarket closedtoday +0.12%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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