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NYSE:RDN 14 January 2026 - 31 January 2026

Rocket Companies stock sinks nearly 14% (RKT) — what’s driving the slide and what comes next

Rocket Companies stock sinks nearly 14% (RKT) — what’s driving the slide and what comes next

Rocket Companies fell 13.7% to $17.93 Friday, with trading volume tripling its 50-day average. Mortgage lenders slid after PennyMac missed profit targets and dropped 33%, citing tighter loan margins. The 10-year Treasury yield neared 4.25% as markets reacted to Kevin Warsh’s Fed nomination. Investors await U.S. jobs data and mortgage figures next week.
Mortgage rates today: Rocket stock slips as 30-year fixed moves back above 6%

Mortgage rates today: Rocket stock slips as 30-year fixed moves back above 6%

Rocket Companies shares fell 1.9% to $22.76 in early Wednesday trading as the average 30-year fixed mortgage rate climbed to 6.07%. Mortgage lenders and insurers, including loanDepot and MGIC Investment, also dropped. U.S. consumer prices rose 2.7% in December, keeping traders focused on inflation and upcoming economic data. Investors are watching for fresh mortgage-application numbers and inflation reports later in the day.

Stock Market Today

  • Sensex surges 891 points on easing oil prices and IT stock rally
    March 20, 2026, 12:57 AM EDT. The S&P BSE Sensex jumped 891.55 points to 75,098.79 on Friday morning, led by a sharp recovery after Thursday's steep 3.26% fall, the worst in two years. Key drivers include a drop in crude oil prices-Brent crude fell 1.63% to $106.87 amid easing Middle East tensions-as well as positive global cues following assurances from U.S. and Israeli leaders about reduced attacks on Iranian energy infrastructure. Broad-based buying pushed the NSE Nifty50 up 277.90 points to 23,280.05. IT stocks led the gains, with the Nifty IT index rising 1.77%, supported by Tech Mahindra and OFSS among others. Analysts say markets are oscillating between hope and fear, but investor sentiment improved on hope of de-escalation and opportunities to buy after the recent sell-off.
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