Today: 9 April 2026
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NASDAQ:RKT 29 December 2025 - 3 March 2026

Mortgage rates today: 30-year nudges higher as Rocket, UWM stocks slide on oil-driven yield jitters

Mortgage rates today: 30-year nudges higher as Rocket, UWM stocks slide on oil-driven yield jitters

The average 30-year fixed mortgage rate rose to 6.15% Tuesday, up from 6.12% Monday, according to Mortgage News Daily. Shares of Rocket Companies fell 2.1%, UWM Holdings dropped 2.2%, and loanDepot lost 3.1% as Treasury yields climbed. Homebuilder ETFs ITB and XHB declined about 1.5% and 1.7%. Investors are awaiting Friday’s U.S. jobs report and the Fed’s March policy meeting.
Mortgage rates today: 30-year hits 6.01% low, but Rocket and homebuilder stocks wobble

Mortgage rates today: 30-year hits 6.01% low, but Rocket and homebuilder stocks wobble

U.S. 30-year fixed mortgage rates dropped to 6.01%, the lowest since September 2022, according to Freddie Mac. Mortgage lenders Rocket Companies and UWM Holdings fell in Friday trading, while homebuilder shares were steady. New home sales slipped 1.7% in December, and the median new house price rose to $414,400. Pending home sales and mortgage applications both showed little movement despite easing rates.
Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies shares fell 13.67% to $17.93 on Friday, with trading volume tripling its 50-day average. PennyMac Financial plunged 33% after reporting quarterly earnings far below estimates. UWM Holdings also dropped nearly 14% as mortgage stocks slid and both major indexes closed lower. Markets face added uncertainty after Donald Trump nominated Kevin Warsh to lead the Federal Reserve.
Mortgage rates today: Rocket stock slips as 30-year fixed moves back above 6%

Mortgage rates today: Rocket stock slips as 30-year fixed moves back above 6%

Rocket Companies shares fell 1.9% to $22.76 in early Wednesday trading as the average 30-year fixed mortgage rate climbed to 6.07%. Mortgage lenders and insurers, including loanDepot and MGIC Investment, also dropped. U.S. consumer prices rose 2.7% in December, keeping traders focused on inflation and upcoming economic data. Investors are watching for fresh mortgage-application numbers and inflation reports later in the day.
Rocket Companies (RKT) stock jumps nearly 10% on Trump mortgage-bond order; CPI looms next

Rocket Companies (RKT) stock jumps nearly 10% on Trump mortgage-bond order; CPI looms next

Rocket Companies shares jumped 9.65% to $23.29 Friday after President Trump announced a $200 billion mortgage-bond purchase plan. UWM Holdings rose 14%. The Federal Housing Finance Agency confirmed Fannie Mae and Freddie Mac would handle the buying but gave no further details. Traders await Tuesday’s U.S. CPI report for clues on rates and housing market direction.
12 January 2026
Rocket Companies stock (RKT) jumps on Trump’s $200B mortgage-bond move — what to watch next

Rocket Companies stock (RKT) jumps on Trump’s $200B mortgage-bond move — what to watch next

Rocket Companies shares jumped 9.6% to $23.29 Friday after the Trump administration announced $200 billion in mortgage-backed securities purchases tied to Fannie Mae and Freddie Mac. The move triggered a rally in housing stocks as investors bet on lower mortgage rates. Treasury Secretary Scott Bessent said the buying will match the Fed’s runoff pace, starting with a $3 billion tranche.
11 January 2026
Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

Rocket Companies shares closed up 0.3% at $21.28 after volatile trading on heavy volume, with the stock up about 10% year-to-date. Barclays raised its price target to $22 but maintained a neutral rating. Mortgage applications fell 9.7% over the holiday-adjusted period, even as rates dropped to 6.25%. Director Matthew Rizik sold 5,000 shares under a pre-set trading plan.

Stock Market Today

  • Ultragenyx Pharmaceutical Shares Surge 8.1% Weekly Amid Valuation Debate
    April 9, 2026, 2:08 AM EDT. Ultragenyx Pharmaceutical (RARE) shares rose 8.1% last week to $23.15 amid mixed performance, down 1.9% year-to-date and 31.7% over 12 months. The biotech specializes in rare disease treatments, a sector sensitive to clinical trial and regulatory updates. Despite recent gains, the company's long-term returns remain negative. A discounted cash flow (DCF) analysis values Ultragenyx at about $257.43 per share, suggesting it is 91% undervalued based on future free cash flow projections turning positive by 2026. However, actual cash flow remains negative at $501.5 million last year. Investors must weigh DCF optimism against market risks and sector volatility. Ultragenyx scores 4 out of 6 in valuation, indicating some appeal but highlighting areas needing scrutiny.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 09.04.2026

9 April 2026
LIVEMarkets rolling coverageStarted: April 9, 2026, 12:00 AM EDTUpdated: April 9, 2026, 2:08 AM EDT Ultragenyx Pharmaceutical Shares Surge 8.1% Weekly Amid Valuation Debate April 9, 2026, 2:08 AM EDT. Ultragenyx Pharmaceutical (RARE) shares rose 8.1% last week to $23.15 amid mixed performance, down 1.9% year-to-date and 31.7% over 12 months. The biotech specializes in rare disease treatments, a sector sensitive to clinical trial and regulatory updates. Despite recent gains, the company's long-term returns remain negative. A discounted cash flow (DCF) analysis values Ultragenyx at about $257.43 per share, suggesting it is 91% undervalued based on future free cash flow
Why IREN Stock Is Back in Focus as AI Ambitions Meet Funding Fears

Why IREN Stock Is Back in Focus as AI Ambitions Meet Funding Fears

8 April 2026
IREN shares rose 1.8% to $35.74 Wednesday as investors assessed its $6 billion share program and shift from bitcoin mining to AI cloud services. The company’s revenue fell to $184.7 million last quarter, with a net loss of $155.4 million. IREN recently announced a five-year, $9.7 billion AI cloud deal with Microsoft. Options trading volume hit 103,000 contracts Tuesday, with sentiment described as mixed.
Amazon Stock Could Jump 50% as Wall Street Reconsiders Its $200 Billion AI Bet

Amazon Stock Could Jump 50% as Wall Street Reconsiders Its $200 Billion AI Bet

8 April 2026
Amazon closed at $213.77 Tuesday, with BNP Paribas maintaining a $320 price target, citing strong AI demand despite Amazon’s planned $200 billion capex for 2026. The company’s February forecast of higher spending sent shares down 11.5% after hours, even as AWS revenue rose 24% to $35.6 billion in the December quarter. Alphabet and Microsoft are also ramping up AI infrastructure spending.
Sensex Soars 2,946 Points, Nifty Near 24,000 After Iran Ceasefire and RBI Pause

Sensex Soars 2,946 Points, Nifty Near 24,000 After Iran Ceasefire and RBI Pause

8 April 2026
The Sensex surged 2,946 points to 77,562.90 on Wednesday, its best day in five years, as a U.S.-Iran ceasefire and steady RBI rates pushed Indian markets higher. Brent crude fell 14.4% to $93.49 a barrel, easing pressure on the rupee, which rose 0.5% to 92.58 per dollar. All 16 major sectors gained, led by financials and auto stocks. The RBI kept its repo rate at 5.25% and forecast slower growth ahead.
Netflix Stock Draws Fresh Institutional Buying Ahead of Earnings After Goldman Upgrade

Netflix Stock Draws Fresh Institutional Buying Ahead of Earnings After Goldman Upgrade

8 April 2026
Stock Yards Bank & Trust Co. increased its Netflix stake by 1,141.9% to 29,074 shares in Q4, while Ethos Capital Management disclosed a new 19,610-share position worth $1.84 million. The moves come ahead of Netflix’s April 16 earnings report and follow a Goldman Sachs upgrade to Buy with a $120 target. Insiders Reed Hastings and Greg Peters sold shares earlier this year under preset trading plans. Netflix last traded at $98.82.
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