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Stock impact report

Stocks seesaw to start the month after a brutal first half of year [MSNBC.com]

PulteGroup, Inc. (PHM) 
Last pultegroup, inc. earnings: 4/23 06:30 am Check Earnings Report
Company Research Source: MSNBC.com
VIDEO4:2604:26Third quarter will bring more market declines, says CFRA's Sam StovallSquawk BoxStocks wavered on Friday to start the quarter after the S&P 500 closed out its worst first-half performance in decades, as disappointing economic data continued to dampen market sentiment.The broad market index was last up by 0.2%, while the Dow Jones Industrial Average rose 88 points, or 0.3%. The Nasdaq Composite was also up marginally. Still, all of the major averages were on pace for their fourth down week in five.Homebuilding stocks led the market higher in the afternoon. PulteGroup jumped 6%, while Lennar and D.R. Horton rose more than 4% each.Stocks cut earlier losses driven by several companies that lowered their profit guidance, adding to investor concerns that persistent inflation at decades long highs could continue to put pressure on share prices."Consensus estimates for 2022 and 2023 remain largely unchanged from the start of the year, even though stock prices have declined consi Show less Read more
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