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Benzinga

Business

John Navin

REITs Wednesday Morning: Weyerhaeuser +1.03%

Weyerhaeuser REIT NYSE

The major real estate investment trusts opened generally higher Wednesday morning as the S&P 500 started out slightly in the green as well.

Weyerhaeuser Co (NYSE:WY) started out the strongest among the big REITs, with a gain at the open of 1.03%. The higher price early takes it above the trading range top of mid to late-June, a positive sign perhaps.

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