On Thursday, major stock averages fell, with housing data expected to be released on Friday. The FactSet consensus estimates for housing starts are at 1.31 million, reflecting an 11.3% increase. Notably, Hovnanian's stock has risen 7% this week, although it remains 16% below its September high.
Other housing stocks like Toll Brothers, PulteGroup, and NVR have also seen gains this week, but they are still down from their earlier highs. Travelers is set to report earnings on Friday, with its stock up 13% over the past three months, despite a recent 3.3% decline from its peak. Regional banks are performing well, with Fifth Third and Regions Financial both reaching new highs.
The State Street SPDR S&P Regional Banking ETF (KRE) has also hit a new high, up 13% in three months. In contrast, Netflix's shares fell 8% after its earnings report, which met analyst expectations, but the stock is down 45% year-over-year, trading around $68 after previously peaking at $134.12 in June 2025