Add as a preferred source on GoogleReal Estate Stocks Edge Higher as AI and Semiconductor Shares Decline
Utilities and energy stocks also gained during the week covered by an Oct. 10 market update as investors favored defensive sectors.
Real estate stocks edged higher during the week covered by an Oct. 10 market update, while AI-related and semiconductor shares declined as market leadership shifted toward defensive sectors.
Utilities and energy stocks also gained during the period. The move placed real estate among the areas that held up as technology-linked shares faced selling pressure.
The securities covered included the State Street Real Estate Select Sector SPDR ETF (XLRE), along with other real estate funds. Companies covered included Crown Castle, SBA Communications and American Tower.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.