Zillow Group (NASDAQ:Z) reported quarterly sales of $435.00 million which beat the analyst consensus estimate of $413.48 million by 5.20 percent. This is a 88.79 percent decrease over sales of $3.88 billion the same period last year.
EXCLUSIVE: What Is The Biggest Risk To The Markets Right Now? 2 Strategists Weigh In
Stocks advanced on Tuesday as weak economic data suggested that the Federal Reserve's hawkish monetary policy is having an impact and benchmark Treasury yields were falling, which fueled the surge.
Tuesday’s moves add to the rallies in previous sessions that have driven the S&P 500 4% higher in the last five trading periods.
