Consumer companies rose after mixed jobs data and more affordable-housing proposals from the Trump administration.
Shares of online real-estate firms such as Rocket Cos and Opendoor Technologies and home builders such as Pulte Group and Toll Brothers rallied after President Donald Trump outlined a plan to buy mortgage bonds in a bid to make homeownership more affordable, driving down mortgage rates.
The parent of Saks Fifth Avenue and Neiman Marcus is closing in on a bankruptcy financing package of roughly $1.25 billion, as it prepares to file for bankruptcy in the coming days, according to people familiar with the situation.
Bain Capital company Bob's Discount Furniture filed for an initial public offering.
Justice Department antitrust enforcers wanted to investigate the $1.6 billion merger of the country's two biggest real-estate brokerages, Compass and Anywhere Real Estate, but were overruled by senior officials who thought the deal should be greenlighted.
British supermarket chain J Sainsbury raised its outlook for retail free cash flow in fiscal 2026, and reaffirmed guidance for retail underlying operating profit, after reporting an increase in sales for the third quarter and Christmas period.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-09-26 1755ET
