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  • Alex Pettee, CFA

State of Emergency: Stocks Surge Into the Close

Real Estate Daily Recap

Coming off declines of 4.9% yesterday, the S&P 500 ETF (SPY) finished higher more than 9% while the Dow Jones Industrial Average (DIA) surged nearly 2,000 points after yesterday's 1,400 point decline. One of the best single-days for REITs in history, the broad-based Real Estate ETF (VNQ) finished higher by 8.7% with all 18 REIT sectors higher by at least 4%. Stay tuned for the Real Estate Weekly Report published tomorrow morning.