Homebuilders Trade Lower After Toll Brothers Disappoints

The theme this earnings season has been one of expansion as more sectors experience year-over-year growth. Thus far, the percentage of S&P 500 stocks that are outperforming the index is on pace to exceed that of last year.Last week was the third consecutive such stretch where we saw markets hit with a sizeable morning gap down due to disruptive news. From tariffs and DeepSeek – to last week’s hotter-than-expected inflation data – the market has faced several major headwinds. Its ability to absorb seemingly ...