Consumer companies rose ahead of earnings from home builders and economic data.

Shares of Lennar and KB Home rose ahead of their reports.

"Housing data represents more than just housing...I think with housing, it's gong to give a glimpse into health of the real economy," said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management.

Primo Water, the Canada-listed bottled water company behind the Mountain Valley and Alhambra brands, and an affiliate of Poland Spring owner BlueTriton Brands, have agreed to merge in an all-stock transaction.

Adidas said it's investigating potential compliance violations in China after receiving a letter alleging senior executives in the country received millions of dollars in kickbacks from service providers.

Shareholders of meme stock GameStop asked about the company's recent $2.14 billion stock sale and the videogame chain's strategy in a mostly uneventful annual meeting Monday that wrapped up in under 20 minutes.

Shares of GameStop plunged as a buying raid orchestrated by meme trader Keith Gill ran out of steam.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

06-17-24 1706ET