NASDAQ:UWM 31 January 2026

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.

31 January 2026

Federal Reserve·NASDAQ:RKT·NASDAQ:UWM·NYSE:PMT·Stock Market

Natural Gas Prices Drop on Warmer U.S. Weather Forecasts
March 14, 2026, 12:05 AM EDT. April Nymex natural gas futures fell 3.15% amid forecasts for above-normal temperatures across much of the U.S., potentially reducing heating demand. Despite recent supply concerns from the Iran-related shutdown of Qatar's Ras Laffan LNG export plant, U.S. dry gas production remains near record highs, with active drilling rigs at a 2.5-year peak. The Energy Information Administration's weekly report showed a smaller-than-expected inventory draw, signaling stable supplies. European gas storage remains low at 29% capacity versus a 42% seasonal average, supporting global price risks. Meanwhile, U.S. electric output edged higher, adding a modest price support factor amid rising gas exports. Market watchers see increased U.S. production and warmer weather forecasts as bearish forces on natural gas prices in the near term.