Today: 8 June 2026
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NYSE:DHI 20 October 2025 - 11 January 2026

Lennar stock jumps nearly 9% on Trump’s $200 billion mortgage-bond push — what to watch next

Lennar stock jumps nearly 9% on Trump’s $200 billion mortgage-bond push — what to watch next

Lennar Corp surged 8.85% to $119.25 Friday, leading U.S. homebuilders higher after President Trump ordered $200 billion in mortgage bond purchases. Treasury Secretary Scott Bessent said the move aims to offset the Fed’s MBS roll-off. Analysts expect the plan to lower mortgage rates by 10–25 basis points. Wall Street questioned whether Fannie Mae and Freddie Mac will remain under government control.
Meritage Homes stock jumps 10% on Trump mortgage-bond order — what to watch next week

Meritage Homes stock jumps 10% on Trump mortgage-bond order — what to watch next week

Meritage Homes surged 10.4% to $75.45 after President Trump ordered $200 billion in mortgage bond purchases, aiming to lower rates. Fannie Mae and Freddie Mac will handle the buys, but details remain unclear. New housing data showed single-family starts up 5.4% in October, while permits dipped 0.5%. The Consumer Price Index for December is due Jan. 13.
Home Depot stock pops on Trump’s $200 billion mortgage-bond order — what Wall Street watches next

Home Depot stock pops on Trump’s $200 billion mortgage-bond order — what Wall Street watches next

Home Depot shares jumped 4.2% to $374.64 Friday after President Donald Trump ordered $200 billion in mortgage-bond purchases, sparking a rally in housing-linked stocks. The Philadelphia Housing index rose 4.8%. Analysts said the plan may cut mortgage rates by up to 0.15 percentage point. Investors await the Fed’s Jan. 27-28 meeting and Home Depot’s Feb. 24 results.
Opendoor stock jumps 13% as Trump orders $200B mortgage bond buys — what investors watch next

Opendoor stock jumps 13% as Trump orders $200B mortgage bond buys — what investors watch next

Opendoor Technologies shares jumped 13.2% to $7.29 Friday after President Trump ordered $200 billion in mortgage bond purchases. The stock saw heavy trading, with 167 million shares changing hands. Analysts said the move could lower mortgage rates, boosting housing stocks including Rocket Companies, Lennar, and D.R. Horton. Investors await details on the bond buys and Opendoor’s next earnings report, expected Feb. 26.
Mortgage rates today hold near 6.2% as D.R. Horton stock slides before jobs report

Mortgage rates today hold near 6.2% as D.R. Horton stock slides before jobs report

D.R. Horton shares fell 3.6% premarket after Citizens downgraded the homebuilder, citing aggressive earnings estimates and inventory risks. The average U.S. 30-year fixed mortgage rate edged up to 6.163%. Lennar dropped 2.3% and the iShares U.S. Home Construction ETF lost 2.4%. Traders awaited Friday’s U.S. jobs report, seen as a key driver for rates.
JPMorgan slashes KB Home target to $50 as Wall Street flags weaker 2026 returns

JPMorgan slashes KB Home target to $50 as Wall Street flags weaker 2026 returns

JPMorgan cut its KB Home price target to $50 from $71 and lowered 2026 and 2027 earnings estimates after the company’s fiscal Q4 report. KB Home’s 2026 return on equity is projected at 6%, down from 11% in 2025. Shares fell 0.3% to $57.16 in morning trading. Fiscal Q4 earnings per share dropped to $1.92 from $2.52 a year earlier, with revenue down 15.5% to $1.69 billion.
US 10-Year Treasury Yield Skyrockets to 17-Year High – Markets and Mortgage Rates on Edge

US 10-Year Treasury Yield Skyrockets to 17-Year High – Markets and Mortgage Rates on Edge

The U.S. 10-year Treasury yield jumped to 4.01% on Oct. 17, 2025, its highest in nearly 17 years, after briefly spiking to 4.85% on hot inflation data. The 30-year fixed mortgage rate climbed to 6.23%. Wall Street closed higher, but volatility increased and gold prices fell. Fed Chair Jerome Powell signaled a possible end to balance-sheet runoff but stressed caution as inflation persists.

Stock Market Today

  • S&P 500 and Nasdaq Rise as Tech and Chip Stocks Rebound
    June 8, 2026, 5:38 PM EDT. The Nasdaq and chipmaker stocks led gains in U.S. markets, as investors capitalized on bargain opportunities after a recent sharp selloff. The rebound followed easing geopolitical tensions between Iran and Israel, boosting market sentiment. This recovery highlights renewed confidence in the technology and semiconductor sectors, which had suffered amid earlier volatility.

Latest articles

UiPath Stock Slips Near $11 as Wall Street Questions the AI Automation Bounce

UiPath Stock Slips Near $11 as Wall Street Questions the AI Automation Bounce

8 June 2026
UiPath shares dipped 0.7% to $11.17 despite a strong quarter and raised outlook, as investors focused on slow annual recurring revenue growth and analyst caution, with Morgan Stanley cutting its price target and BofA maintaining Underperform, citing the need for clearer evidence that AI-driven automation can accelerate durable contract revenue.
IREN Shares Rally After Bitcoin Rebound and $4.4 Billion AI Data Center Move

IREN Shares Rally After Bitcoin Rebound and $4.4 Billion AI Data Center Move

8 June 2026
IREN surged 9% to $59.19 as investors returned to crypto and AI infrastructure stocks after last week’s selloff, driven by a $3.65 billion investment-grade GPU financing to support its Microsoft AI cloud contract and news of a planned 800MW data-center in Australia, but future gains hinge on execution, contract delivery, and bitcoin price stability.
SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus

SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus

8 June 2026
SmartKem shares soared as much as 150% to $1.135 before settling at $0.84 after SRx Health Solutions disclosed a 4.99% stake and purchase of convertible preferred securities, injecting new investor interest as SmartKem faces a Sept. 1 Nasdaq delisting risk for trading below $1 and warns of “substantial doubt” about its ability to continue as a going concern.
Texxon Trading Halted Six Times as NPT Jumps 284% in New York

Texxon Trading Halted Six Times as NPT Jumps 284% in New York

8 June 2026
Texxon shares soared 283.7% to $4.95, briefly topping $12 before closing just below their $5 IPO price, with trading paused six times for volatility and volume over six times shares outstanding; the company warned that similar IPOs had seen sharp, non-fundamental price swings, highlighting ongoing risk for investors.
Social Security Payments Land This Week—June 10 Recipients

Social Security Payments Land This Week—June 10 Recipients

8 June 2026
Social Security’s retirement trust fund could force a 24% benefit cut by 2032, slashing average monthly payments by about $500 for retirees, according to the Committee for a Responsible Federal Budget, as the official trustees project full benefits only until 2033 and continuing income covering just 77% thereafter.
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