Tesla shares fell 7% in pre-market trading Thursday, despite a positive analyst reaction to Elon Musk’s investor day presentation.
Lower mortgage rates are giving homebuilders greater confidence in the single-family housing market.
Homebuilder sentiment hit the lowest level since 2012 in December.
The University of Michigan Survey of Consumers posted a 54.7 reading for November, down 8.7% from the previous month’s reading.
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