By John Gittelsohn | Bloomberg
In a week when stock markets were roiled over concern that the global economy is faltering, U.S. homebuilders had the biggest gain in almost nine months.
The 11-member Standard & Poor’s Supercomposite Homebuilding Index rallied 6 percent since Oct. 10, the largest weekly increase since January, as global turmoil fueled a plunge in mortgage rates and housing starts jumped. The broader S&P 500 Index (SPX) fell for a fourth week.