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Thursday, January 29, 2026

US Construction Stocks Slip as Sector Sees Broad Losses

EVENTS SPOTLIGHT


U.S. construction stocks traded broadly lower today, with most of the industry’s largest players in the red as investors weighed interest rate concerns and a cooling outlook for industrial services.

Despite the pullback, year-to-date gains across the sector remain robust, underscoring strong demand for infrastructure and construction services.

Sector Movers

  • Quanta Services (PWR) dropped −1.74% to $389.14, trimming its year-to-date gain to +23.13%.

  • EMCOR Group (EME) slid −1.51% to $645.95, though the stock remains up +42.31% YTD.

  • Comfort Systems USA (FIX) lost −1.92% to $805.85, even after a stellar +90.03% YTD rally.

  • Jacobs Solutions (J) declined −1.90% to $147.75, maintaining a +11.68% YTD return.

  • AECOM (ACM) led today’s losses, falling −2.28% to $129.90, despite being up +21.61% YTD.

  • MasTec (MTZ) eased −1.02% to $204.97, still higher by +50.55% YTD.

  • API Group (APG) slipped −2.59% to $34.38, though it retains a solid +43.35% YTD gain.

  • TopBuild (BLD) fell −1.28% to $397.54, with a +27.69% YTD return.

  • Sterling Infrastructure (STRL) edged only −0.31% lower to $366.26, standing out as today’s most resilient stock, with a staggering +117.43% YTD.

  • Tetra Tech (TTEK) shed −1.90% to $34.55, and remains the only major laggard in 2025, down −13.28% YTD.

Sector Outlook

While today’s declines highlight short-term volatility, the construction sector’s fundamentals remain strong.

Major players such as Comfort Systems, MasTec, and Sterling Infrastructure continue to post double- and triple-digit gains year-to-date, signaling that investor confidence in infrastructure and energy-related projects remains intact.

Analysts maintain a generally “Buy” to “Strong Buy” outlook on most stocks in the sector, citing expected growth from infrastructure spending, renewable energy projects, and housing demand.

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