Home-builder ETFs rise after data, earnings

Exchange-traded funds that track the home-building sector rose on Tuesday, following a positive read on home prices, as well as strong results from a key component. The SPDR S&P Homebuilders ETF rose 0.9% while the iShares U.S. Home Construction ETF was up 1.3%. Supporting the group was the S&P/Case-Shiller national index of home prices, which hit a four-year high. Separately, PulteGroup Inc. jumped 3.8% after the company reported first-quarter results that Susquehanna analyst Jack Micenko said beat expectations "across all metrics." Among other stocks, D.R. Horton Inc. rose 1.6% and Toll Brothers Inc. was up 1%. The Dow Jones Industrial Average rose 0.2% while the S&P 500 was up 0.3% and the Nasdaq Composite Index was up 0.3%.