On Thursday, general contractors and builders’ shares fell by approximately 1.3%, primarily driven by Hovnanian Enterprises, which dropped around 3.7%, and Lennar, down about 2.9%. Precious metals shares also lagged, decreasing by about 0.6%, with Platinum Group Metals leading the decline at approximately 5.2%, followed by I-80 Gold, down 2.9%.
These downward trends occur amid a broader market evaluation, impacting both construction and precious metals sectors significantly.