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Looking ahead, Toll Brothers expects 3,350 home closings, an average selling price of about $975,000, and an adjusted gross margin of 27%. For the full year, the company forecasts 11,200 closings, ...
At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.