Shares of PulteGroup Inc. /zigman2/quotes/201694804/composite PHM +1.69% rose 4.00% to $44.44 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% rising 2.02% to 4,088.85 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 1.34% to 32,654.59. This was the stock's fourth consecutive day of gains. PulteGroup Inc. closed $14.39 short of its 52-week high ($58.83), which the company reached on June 1st.
The stock outperformed some of its competitors Tuesday, as D.R. Horton Inc. /zigman2/quotes/202032328/composite DHI +0.43% rose 3.06% to $70.46, Lennar Corp. Cl B /zigman2/quotes/207749640/composite LEN.B +1.49% rose 2.89% to $65.46, and Toll Brothers Inc. /zigman2/quotes/201912487/composite TOL +1.24% rose 3.42% to $48.92. Trading volume (6.0 M) eclipsed its 50-day average volume of 3.0 M.