REIT Replay: Office REIT Stocks Plummet In Recent Week Amid Growing AI Fears

Markit3.68K FollowersFollow5ShareSavePlay(3min)CommentsSummaryThe majority of US REIT indexes climbed during the week ended Feb. 13, outperforming the broader stock market.The broader stock market indexes logged weekly declines, with the S&P down 1.39% and the Dow Jones Industrial Average dropping 1.23%.The Dow Jones US Real Estate Office Index fell 6.72% during the week to 152.40, its lowest level since July 2009. Pla2na/iStock via Getty Images The majority of US REIT indexes climbed during the week ended Feb. 13, outperforming the broader stock market.

The Dow Jones Equity All REIT index jumped 4.04% over the recent week, while the MSCI US REIT (RMZ) index increasedThis article was written byMarkit3.68K FollowersFollowIHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.