Keepin' It Real  

Economics, Housing, & Commercial Real Estate Analysis

apartment REITs
homebuilders ETFs
single family rental REITs
manufactured housing REITs
student housing REITs
data center REITs
Cell tower REITs
net lease REITs
industrial REITs
storage REITs
office REITs
mall REITs
REIT Preferreds and Bonds
hotel REITs
Timber REITs
healthcare REITs
REIT ETFs
Billboard REITs
shopping center REIT
High-Yield Real Estate ETFs
Real Estate CEFs
Casino REITs
cannabis REITs
prison REITs
mortgage REITs
real estate crowdfunding
REIT Portfolio Strategy
REITs Taxes
1/1
Housing100logo.png
ETF express.png
  • Alex Pettee, CFA

Daily Recap: Stocks Slide On Virus Fears

  • U.S. equity markets dipped on Friday with the S&P 500 sliding the most since October as fears mount over the potential spread of a deadly coronavirus.

  • The S&P 500 fell by 0.9% while the Dow Jones gave back 170 points, each snapping their two-week winning streaks. The major averages finished the week down by roughly 1%.

  • Oil prices again extended their declines, dipping another 2% and dragging 10-Year Treasury Yield lower by another 6 basis points to end the day at 1.68%, the lowest level since October.

  • While still finishing lower, real estate equities were a relative safe-haven on the day as the broad-based commercial Real Estate ETF (VNQ) declined by 0.3%.

  • 2020 hasn't been any kinder to the mall REIT sector, which is again one of the worst-performing REIT sectors through the first few weeks of the year. Mall REITs dipped another 2% on the day.

To continue reading, click here to visit Seeking Alpha!

REIT Forum HOYA AD.png