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NASDAQ:UWM News 31 January 2026

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

New York, January 31, 2026, 06:51 ET — Markets have officially closed. Rocket Companies (RKT) shares tumbled 13.67%, closing at $17.93 on Jan 30, the session before the weekend. Trading volume hit roughly 87 million shares—over three times the stock’s 50-day average. UWM Holdings also dropped 13.86%, as both the Nasdaq and Dow ended the day lower. (MarketWatch) Rocket found…
31 January 2026
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Stock Market Today

  • AI Forecasts Moderate Stock Market Growth Through 2026 with Long-Term Uncertainty
    January 31, 2026, 10:50 AM EST. Leading AI chatbots ChatGPT, Grok, and Gemini predict the U.S. stock market will continue moderate growth through 2026, with returns ranging from high single digits to low double digits. Gemini projects the S&P 500 could rise by 9% to 12%, aligning with Goldman Sachs' 12% forecast. Tech stocks have driven recent gains, but healthcare, industrials, and small-caps are expected to gain traction as interest rates stabilize. Beyond five years, AI forecasts suggest average annual returns may slow to 4%-7%, influenced by high valuations and demographic shifts. Optimistic scenarios hinge on AI-driven economic transformation, though potential volatility remains amid uncertainties in earnings and adoption rates.
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