Louisiana-Pacific stock jumps 9% on Trump mortgage-bond plan — what to watch before Monday
Louisiana-Pacific shares jumped about 9% to $92.05 Friday after Trump called for $200 billion in mortgage-bond purchases. Housing and building-products stocks rallied on hopes for lower mortgage rates. LP will report fourth-quarter and full-year earnings on Feb. 17. The S&P 500 closed at a record high, up 0.65%.
