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Stock impact report

Wall Street's strong start to the year slows [Los Angeles Times (CA)]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
The Dow Jones Industrial Average dropped 466 points, or 0.9%, from its own record set the day before, while the Nasdaq composite added 0.2%. Some of the market's sharpest drops hit industries that President Donald Trump targeted with criticism on his social media network. Homebuilders fell sharply, for example, after Trump suggested moves to prevent large institutional investors from buying single-family homes, in hopes of making it more affordable for people to buy houses. The potential removal from the market of some buyers for homes sent D.R. Horton down 3.6% and PulteGroup 3.2% lower. Blackstone, a large investment company, briefly fell more than 9%, before paring its loss to 5.6%. Moves across the rest of the U.S. stock market were more modest, including for Warner Bros. Discovery after it again rejected a buyout bid from Paramount and told its shareholders to stick with a rival offer from Netflix. Warner Bros. Discovery rose 0.4%, while Paramount Skydance fell 1% and Net Show less Read more
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