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Market Impact: 0.25
XHB Makes Bullish Cross Above Critical Moving Average
Source: Nasdaq
Market Technicals & FlowsHousing & Real Estate
The State Street SPDR S&P Homebuilders ETF (XHB) crossed above its 200-day moving average of $105.02 on Wednesday and traded as high as $108.05. Shares were up about 5.1%; the article provides no catalyst for the move.
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