In trading on Friday, credit services & lending shares were relative leaders, up on the day by about 1.2%. Leading the group were shares of Ocwen Financial, up about 33.2% and shares of Pennymac Financial Services up about 6.4% on the day.
Also showing relative strength are general contractors & builders shares, up on the day by about 0.5% as a group, led by Hovnanian Enterprises, trading higher by about 2.2% and Toll Brothers, trading higher by about 1.5% on Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
