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NYSE:RDN 14 January 2026 - 21 March 2026

Rocket Companies Stock Falls 7% as Mortgage Rates Hit 3-Month High, Wiping Out Upgrade Rally

Rocket Companies Stock Falls 7% as Mortgage Rates Hit 3-Month High, Wiping Out Upgrade Rally

Rocket Companies shares fell 6.8% to $13.65 Friday, underperforming other mortgage stocks as U.S. mortgage rates climbed to 6.22%. The drop followed an analyst upgrade and recent strong revenue guidance. Wall Street broadly declined amid inflation and rate hike concerns. Rocket ended below its post-upgrade close of $14.76.
21 March 2026
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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.
31 January 2026
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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.
14 January 2026
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Stock Market Today

  • US Stocks Eye July Jobs Data Amid AI Tech Sell-Off
    June 28, 2026, 1:42 PM EDT. US stocks shifted away from AI tech as the S&P 500 dropped 2.05% last week and the Nasdaq fell 4.7%, with semiconductor stocks hit hardest, falling 7.9%. Despite this, equal-weight indexes and smaller caps like the S&P 600 outperformed, rising over 1.5% and 3% respectively. Market attention turns to the crucial June jobs report due July 2, which could influence Federal Reserve rate decisions. Investors pulled $3.53 billion from US equity funds last week, led by nearly $20 billion outflows in tech funds. Experts warn a strong jobs report may pressure stocks, particularly tech and small caps, as the Fed balances inflation risks ahead of the July 4 holiday trading closure.

Latest articles

Energy stocks this week: U.S. sector ETF holds flat as oil falls

Energy stocks this week: U.S. sector ETF holds flat as oil falls

28 June 2026
Brent crude plunged 10.86% last week as Hormuz flows improved, but the Energy Select Sector SPDR Fund (XLE) fell just 0.4%, signaling investors are no longer trading energy stocks in lockstep with oil prices; this divergence matters now as refiners benefit from tight diesel margins while oilfield services face risks from a Norway lockout and rising U.S. rigs.
Micron (NASDAQ:MU) moves pull Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL) into focus this week for AI stocks

Micron (NASDAQ:MU) moves pull Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL) into focus this week for AI stocks

28 June 2026
Micron’s record $41.46 billion quarter and $50 billion Q4 outlook highlight surging memory demand as Apple hikes Mac and iPad prices after DRAM costs nearly double; with the Philadelphia semiconductor index down 7.9% last week, investors face a compressed four-day week to gauge if AI’s memory squeeze boosts profits or triggers a tech cost shock, as payrolls data and rate risks loom.
US stocks look to jobs data as traders shift from AI tech

US stocks look to jobs data as traders shift from AI tech

28 June 2026
Semiconductor stocks plunged 7.9% last week, their worst performance since April, dragging the S&P 500 down 2.05% as investors pulled nearly $20 billion from tech funds; strategists warn that continued weakness in mega-cap tech could weigh on cap-weighted indexes even as smaller stocks rally, with upcoming jobs data and rate expectations posing further risks.
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