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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 closed up 4.2% on Friday at $374.64 on about 7.1 million shares, after trading between $360.58 and $375.43, as investors bought housing-sensitive stocks following President Donald Trump’s order for $200 billion in mortgage-bond purchases. Redfin’s head of economics research, Chen Zhao, said the program would have a “fairly small impact” and might lower rates by 10 to 15 basis points — 0.10 to 0.15 percentage point.
Home Depot stock jumps nearly 4% as Trump’s mortgage-bond order lifts housing plays

Home Depot stock jumps nearly 4% as Trump’s mortgage-bond order lifts housing plays

Home Depot shares rose about 4% in midday trading on Friday as investors bought housing-linked names after President Donald Trump ordered mortgage agencies Fannie Mae and Freddie Mac to purchase $200 billion of mortgage-backed securities, bonds backed by pools of home loans. The stock was up 4.1% at $374.25. Redfin economist Chen Zhao called the plan’s impact “fairly small” and pegged any drop in mortgage rates at 10 to 15 basis points, or 0.10 to 0.15 percentage point.
9 January 2026
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